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challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …
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takes only nonnegative integer values. The specification of the Poisson- and the NegBin 2-Model with their estimation … tests for overdispersed data are used. The strong positive relationship between patent applications and the R&D personnel …
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and development expenditure. Patent counts typically exhibit long upper tails that are inadequately mod-eled by standard … with two exible parametric approaches in analyzing two patent data sets …
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