The patent system is a central tool in innovation policy. The prospect of monopolistic pricing conferred by patent … markups for patent-protected products. Using an original dataset that links a broad range of consumer products to the patents … that protect them, we study the impact of patent protection on product prices. The empirical strategy exploits exogenous …

This paper studies the impact of innovation on the organizational structure. The theoretical framework predicts that a …

This paper studies the impact of innovation on the organizational structure. The theoretical framework predicts that a …

emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure … sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …

emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure … sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …