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We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011762520
We investigate factors that determine product innovation in network industries. We develop a demand …-pull-technology-push model of enterprise innovation and find that enterprise innovation depends on firm's specific abilities to extend the … industry. Enterprise innovation increases when consumers value the network development more and when consumers are less …
Persistent link: https://www.econbiz.de/10012036469
investments in innovation. The implementation of R&D tax credit schemes, however, varies across countries. The empirical research …, to explore the relationship between a set of R&D tax scheme features and innovation performance. Our estimation results … hybrid tax credit scheme positively relates to innovation output. The business sector R&D investment are higher in the …
Persistent link: https://www.econbiz.de/10013179659
who hire workers in R&D functions to make product innovations. The innovation process consists of distinct phases …
Persistent link: https://www.econbiz.de/10011981916
This paper analyzes the impact of technological diversity on innovation inputs and success using Swiss firm-level panel … applications as suggested by the literature. However, since patent applications reflect an intermediate innovation input rather …
Persistent link: https://www.econbiz.de/10009757261
and patent productivity of the respective regional innovation systems (RIS). The empirical analysis is for nine German …
Persistent link: https://www.econbiz.de/10011715481
-period competition, but simultaneously removes constraints to successful future innovation. The choice of whether to vigorously pursue … (2007) to study patent litigation strategy and rates of innovation. We show that a legal regime where infringement is … strategy effect may reduce levels of innovation. Antitrust policy should seek to attenuate this effect, and may do so by …
Persistent link: https://www.econbiz.de/10012867796
from innovation. In this paper, we revisit that question using a nationally representative sample of firms over the period … of the economics of innovation. There are five main findings. First, while patenting firms are relatively uncommon in the … economy, they account for an overwhelming share of R&D spending. Second, firms consider utility patents less important on …
Persistent link: https://www.econbiz.de/10014322815
Patented innovation is a predominately local phenomena. It is also an indicator of economic growth. Using data on U … conducive to diverse and diffused innovation. Our main results are robust to a quantile regression instrumental variable …
Persistent link: https://www.econbiz.de/10014107020
patent standards are low, firms build "thickets" of patents, especially incumbent firms in mature industries. When they … assert these patents, innovators are forced to share rents under cross-licenses, making R&D incentives sub-optimal. On the …
Persistent link: https://www.econbiz.de/10014110256