Showing 1 - 10 of 1,132
Aghion, Van Reenen and Zingales (2013) find that institutional ownership causes an increase in innovation as measured by citation-weighted patent counts. To identify a causal effect, they use membership in the S&P 500 as an instrument for institutional ownership in a panel regression. We first...
Persistent link: https://www.econbiz.de/10014556608
size, we build a quality factor jointly driving all indicators for 9255 patents. We then test the significance of this … robust and significant link between patent quality and value in samples of discrete and complex technology patents, there is … no significant link for patents that are essential to technological standards. Consistently, neither the quality factor …
Persistent link: https://www.econbiz.de/10013135973
We study the value of innovation in a case study of one of the most visible innovative products in recent years, Apple's iPhone. The value effects of news announcements, patent publications, and trademarks relating to iPhone are taken into account. Our estimate of the lower bound on the value of...
Persistent link: https://www.econbiz.de/10013103677
of patents and bargaining power of licensors and licensees are good predictors of the royalty rate of patent licensing … bargaining power, whereas research organizations exercise weak bargaining power. More appropriable patents command higher prices …
Persistent link: https://www.econbiz.de/10013153489
Technological imitation may play a crucial role in motivating firms to innovate. However, theoretical predictions and empirical findings on the role of imitation have not yet reached a consensus. One major gap in the previous studies is that the empirical tests are based on samples consisting of...
Persistent link: https://www.econbiz.de/10012902478
asymmetry across countries, granting patents to technology in the emerging economy of China can serve as a signal of technology …-in-differences estimates using 4226 China–U.S. patent dyads and comparable U.S. patents support our hypotheses …
Persistent link: https://www.econbiz.de/10012868703
-centered open innovation, characterized by a for-profit motive and the interplay between patents and contracts, resulting in …
Persistent link: https://www.econbiz.de/10013010074
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
patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the … chance of being granted patents but also, and more interestingly, “true innovators” are forced to patent more intensively … reduces the incentives to exert effort in R&D activities. Then, drawing on the signaling role of patents highlighted by the …
Persistent link: https://www.econbiz.de/10013051385
This paper examines the impact of government assistance through R&D grants on innovation output for firms in New Zealand. Using a large database that links administrative and tax data with survey data, we are able to control for large number of firm characteristics and thus minimise selection...
Persistent link: https://www.econbiz.de/10013016668