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The empirical literature comparing the innovation performance of state-owned enterprises (SOEs) and private firms in China often yields conflicting results. To shed new light on this debate, we construct an extensive dataset by linking the Annual Survey of Industrial Enterprises (ASIE) dataset...
Persistent link: https://www.econbiz.de/10015371217
A higher fragmentation of patent ownership following the recent U.S. pro-patent shifts has built overlapping property rights or patent thickets for firms with cumulative innovations. This has made the use of other firms' innovations costlier, due to higher transaction costs, licensing fees, and...
Persistent link: https://www.econbiz.de/10012995686
Literature suggests that location should matter for R&D activities. However, attempts to empirically detect differences in innovation activity between regions have so far been rather unsuccessful. Using a unique data set which contains comparable information about manufacturing enterprises in...
Persistent link: https://www.econbiz.de/10010512688
Principle-agent theory suggests managers might under-invest into R&D for reasons of risk tied to project failure, such as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying higher remuneration, power and prestige. Using a sample...
Persistent link: https://www.econbiz.de/10014181017
Knowledge transfer from science to industry has been shown to be beneficial for the corporate partner. In order to get a better understanding of the reasons behind these positive effects, this study focuses on the junction of science and industry by comparing characteristics of academic...
Persistent link: https://www.econbiz.de/10014186084
I develop and test a model of strategic R&D investments where innovating and non-innovating firms compete on the basis of their ability to reduce costs and imitate rivals. I find that a larger proportion of non-innovating rivals stimulates cost-reducing investments and attenuates the...
Persistent link: https://www.econbiz.de/10014043468
The pace of technological change and the challenges faced by companies to remain competitive in global markets have contributed to a global expansion of R&D transactions. This paper shows that French companies engaged in the offshore outsourcing of R&D are outward oriented essentially through...
Persistent link: https://www.econbiz.de/10014046317
This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and publicly traded innovating firms in the US and 15 European countries. A striking novel observation emerges from our analysis: while most innovating firms in the US are publicly...
Persistent link: https://www.econbiz.de/10014046331
We test the theoretical prediction that inter-firm spillovers must necessarily be large for the profit differential between cooperation and non-cooperation in R and D to be monotone increasing with them. By using the French data from the 2002 Community Innovation Survey, we find that spillovers...
Persistent link: https://www.econbiz.de/10014050330
[ENGLISH] This paper reviews the theoretical literature concerning the welfare effects of research joint ventures. The analysis pays attention to both the most debated questions and the topics not yet covered in the literature. The study suggests the existence of two main streams: one positive,...
Persistent link: https://www.econbiz.de/10014051197