research and development expenditures, while those already holding many patents increase their innovation efforts. This … strategy is commonplace in innovative markets. Our analysis then determines that innovation suffers when firms amass many low … effects of strategic patenting, but also suggest remedial policies to foster competition and innovation …

controlling for parental education; (ii) instrumenting for the parents having a MSc-degree using distance to nearest university … reveals a large causal effect of parental education on offspring probability of inventing; and (iii) the causal effect of … parental education has been markedly weakened by the introduction in the early 1970s of a comprehensive schooling reform …

's education and age. We find that skilled human capital has a significant positive effect on firms' innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager's education that has a positive and …Understanding the factors that may produce a sustained rate of innovation is important for promoting economic …