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Aghion, Van Reenen and Zingales (2013) find that institutional ownership causes an increase in innovation as measured … ownership and innovation is robust in 22% of robustness checks. On average, 2nd stage z-scores were just 42.7% of the original …
Persistent link: https://www.econbiz.de/10014556608
This article compares the relationship between patent quality and patent value in discrete and cumulative innovation … 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 …
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 …
Persistent link: https://www.econbiz.de/10013103677
between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …
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 …Open innovation is the subject of increased scholarly debate. A lot of attention has thereby been paid to firm … communities the present paper examines how the law can assist in establishing a new approach to open innovation (‘new' open …
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 … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …
Persistent link: https://www.econbiz.de/10013016668
(TDs). Using a large-scale dataset combining data from the EPO-PATSTAT database and ORBIS-IP and containing patents applied … Schumpeterian patterns of innovation characterized by a stable number of large-established firms and a lower degree of turbulence. …
Persistent link: https://www.econbiz.de/10013193295