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We examine the effect of technology spillovers on the duration of executive compensation contracts. We find that in the presence of greater technology spillovers, firms tend to grant longer duration compensation contracts to their executives. This finding is consistent with theoretical...
Persistent link: https://www.econbiz.de/10013323942
This paper develops theoretical standpoints to investigate and analyse university inventors and patenting activities. Although the studies on academic entrepreneurship and university patenting have substantially increased, first there have not been enough studies on individual inventors and...
Persistent link: https://www.econbiz.de/10003723090
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10011568775
national incentives for patent protection? What is the rationale for international coordination over patent policies? Given …
Persistent link: https://www.econbiz.de/10014023447
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …
Persistent link: https://www.econbiz.de/10010297671
This paper discusses the impact of a firm's technology portfolio on its market value. Two concepts are used to characterize a firm's portfolio: the number of technological fields and the degree of relatedness within the portfolio characterized by the amount of joint occurrences of patents in...
Persistent link: https://www.econbiz.de/10010265003
An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … an innovative firm with unknown costs and probabilistic patent validity. Increasing the number of firms (degree of … a smaller (greater) patenting incentive if patent protection is weak (strong). …
Persistent link: https://www.econbiz.de/10010267007
An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … an innovative firm with unknown costs and probabilistic patent validity. Increasing the number of firms (degree of … a smaller (greater) patenting incentive if patent protection is weak (strong). -- Bertrand and Cournot competition …
Persistent link: https://www.econbiz.de/10003862322
challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …
Persistent link: https://www.econbiz.de/10011444512