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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 version of the “version group” adds new content (including additional respondents, more descriptive information from and about the respondents, and more discussion of the method) to the earlier SSRN version at 'http://ssrn.com/abstract=2240940' http://ssrn.com/abstract=2240940.] We...
Persistent link: https://www.econbiz.de/10013078641
We model the economics of the effects of standards on incentives for innovative investment. We use survey data from …
Persistent link: https://www.econbiz.de/10014159431
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
on firms' innovation activities and incentives to innovate up to a high degree of technological imitation, while free … technological imitation is more detrimental for firms in innovation clusters because it lowers those firms' incentives to innovate … between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …
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
competition increases (decreases) incentives to invent following Arrow (Schumpeter) based on product market features …
Persistent link: https://www.econbiz.de/10012850074
reduces the incentives to exert effort in R&D activities. Then, drawing on the signaling role of patents highlighted by the … 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 …
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