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This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data … and industrial diversity) that theoretical and empirical work links to innovation, and we discuss factors that help …
Persistent link: https://www.econbiz.de/10014025313
We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation is entering into a new foreign region for innovative...
Persistent link: https://www.econbiz.de/10011561206
have influenced the direction of innovation over the last four decades. Our findings suggest that the demography of …
Persistent link: https://www.econbiz.de/10012064997
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10011477128
The procurement of an innovation involves motivating a research effort to generate a new idea and then implementing … innovation is above a certain threshold, and handicaps the innovator in contract allocation when the value of innovation is below … that threshold. A monetary prize is employed as an additional incentive but only when the value of innovation is …
Persistent link: https://www.econbiz.de/10013013296
, amongst others, upon two innovation indicators, the volume of Patent applications and the number of Scientific journal …
Persistent link: https://www.econbiz.de/10014254942
The paper deals with the problem of business spending on research and development and their relation to innovation … activities. It is focused on R&D in the business sector as a crucial part of the innovation system. R&D expenditure can be seen … as the main precondition of successful innovation. However, the successful transformation of R&D investment into …
Persistent link: https://www.econbiz.de/10012534706
The market for ideas makes new combinations of inventions to form complex innovations such smart phones and mobile broadband networks. I show that bargaining in the market for ideas provides efficient coordination with complementary inventions. Extending neoclassical economic tools to the market...
Persistent link: https://www.econbiz.de/10012850074
Biographical information on a sample of renowned U.S. inventors is combined with information on the patents they received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and for democratization. The United States deliberately...
Persistent link: https://www.econbiz.de/10013318944
This paper seeks to understand the intriguing but only sparsely explored phenomenon of “leisure time invention,” where the main underlying idea for the new product or process occurs when the inventor is away from the workplace. We add to previous research by focussing on the inventive...
Persistent link: https://www.econbiz.de/10010427769