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Technology Diffusion through Trade with Heterogeneous Firms
Unel, Bulent - 2021
I investigate the long-run implications of trade and technology diffusion through trade, when firms are heterogeneous … goods; in the second, it uses labor and available technology. I find that under both specifications, exposure to trade …
Persistent link: https://www.econbiz.de/10013246336
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Transitional dynamics in R&D-based models of endogenous growth
Steger, Thomas M. - 2002 - Initial version: July 2002, This version: October 2002
This paper offers a comprehensive study on transitional dynamics within R&D-based models of endogenous growth. There are two main motivations. First, the complete dynamic system for the market solution is derived in general form. Second, using this dynamic system as a unifying framework the...
Persistent link: https://www.econbiz.de/10010484498
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On the mechanics of economic convergence
Steger, Thomas M. - 2003
In macroeconomic dynamic models the speed at which output converges to its steady state is of outstanding interest. Theoretical investigations usually focus on the asymptotic speed of convergence only. This procedure is, however, unnecessarily restrictive and hides important information. The...
Persistent link: https://www.econbiz.de/10001772528
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How to Measure and Draw Causal Inferences with Patent Scope
Kuhn, Jeffrey M. - 2019
This paper presents an easy-to-use measure of patent scope that is grounded both in patent law and in the practices of patent attorneys. We validate our measure by showing both that patent attorneys' subjective assessments of scope agree with our estimates, and that the behaviour of patenters is...
Persistent link: https://www.econbiz.de/10012901811
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Learning from the Joneses : Technology Spillover, Innovation Externality, and Stock Returns
Tseng, Kevin - 2020
This paper studies the asset pricing implications of technology spillover, an important externality in innovation …. While technology spillover enables firms to produce a variety of products that better satisfy their customers' love for … and R&D data from 1982 to 2014, I find that firms with more technology spillover earn 7.7% higher annualized returns than …
Persistent link: https://www.econbiz.de/10012854307
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Incumbents' asymmetric responses to environmentally friendly entrants in the automotive industry
Diekhof, Josefine; Cantner, Uwe - 2017
vehicles towards alternative technology vehicles (ATVs). Entrants play a key role in developing ATV-related patents, whereas … automotive incumbents are considered as being less motivated in pursuing this new technology. Our results indicate that entrants …
Persistent link: https://www.econbiz.de/10011620610
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Patent Claims and Patent Scope
Marco, Alan C. - 2016
Patent scope is one of the important aspects in the debates over “patent quality.” The purported decrease in patent quality over the past decade or two has supposedly led to granting patents of increased breadth (or “overly broad” patents), decreased clarity, and questionable validity....
Persistent link: https://www.econbiz.de/10012982294
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Economics of the Independent Invention Defense Under Incomplete Information
Mungan, Murat C. - 2015
Patents lead to ex-post dead-weight losses arising from a non-competitive market structure for the invention. Many have argued that introducing independent invention as a defense (IID) to patent infringement can increase social welfare by decreasing such dead-weight losses at the price of a...
Persistent link: https://www.econbiz.de/10014183897
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Network of Tinkerers : A Model of Open-Source Technology Innovation
Meyer, Peter B. - 2014
model of agents called tinkerers who want to improve a technology for their own reasons, by their own criteria, and who see … no way to profit from it. Under these conditions, they would rather share their technology than work alone. The members … particular aspects of the technology or in expanding or managing the network. Endogenously there are incentives to standardize on …
Persistent link: https://www.econbiz.de/10014221720
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Blockchain for Timely Transfer of Intellectual Property
Cai, Dongling; Qian, Yi; Ning, Nan - National Bureau of Economic Research - 2023
This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …
Persistent link: https://www.econbiz.de/10014226110