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Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper … small and medium size enterprises (SMEs) in Poland were subjected to a survey. The data collected revealed the innovation … types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors …
Persistent link: https://www.econbiz.de/10010515542
the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …
Persistent link: https://www.econbiz.de/10010320042
firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm …
Persistent link: https://www.econbiz.de/10012858025
firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm …
Persistent link: https://www.econbiz.de/10012858068
In this paper, we offer a novel explanation to the surge in patenting bserved during the last years. With low 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...
Persistent link: https://www.econbiz.de/10013051385
We examine innovation as a timing game with complete information and observable actions in which firms decide when to …-mover advantage. Economic applications are discussed including process and product innovation and the timing of the sale of an asset …
Persistent link: https://www.econbiz.de/10013035181
” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law … provides prescriptions for enhancing industry entry through private ordering, federal innovation policy, and antitrust …
Persistent link: https://www.econbiz.de/10013213690
firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm …
Persistent link: https://www.econbiz.de/10012137259
Pharmaceutical firms spend increasing amounts in mergers and acquisitions (M&As), which raises the question of whether sufficient investment is left after mergers to further develop firms' internal drug development capability. We evaluate the effects of M&As on firms' post-merger R&D...
Persistent link: https://www.econbiz.de/10012219372
The paper clarifies how sunk costs can lead a rational incumbent to innovate less than an entrant. It also demonstrates that competition among incumbents yields less adoption of new and more efficient production technology than competition which includes entrants. The results suggest that policy...
Persistent link: https://www.econbiz.de/10012996869