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The August 15th 2013 Shanghai Academic Rankings of World Universities (ARWU) should leave policy makers wondering about whether the impressive growth experienced by 'latecomers in the industry' has moved hand-in-hand with contribution to knowledge by means of scientific publications. Against...
Persistent link: https://www.econbiz.de/10013032554
In this paper I present in detail a methodology I have designed based on Hidalgo and Hausmann's Method of Reflections. The application of the original Method of Reflections (MoR) is restricted to economies with trade value of more than a billion dollar (USD) export a year. Based on my...
Persistent link: https://www.econbiz.de/10012835218
Leveraging a new measure of patent citation trees (Corredoira & Banerjee, 2015), we demonstrate that research funded by the federal government is likely to spark more active technological trajectories. Our findings tie government funding to the generation of breakthrough inventions. The...
Persistent link: https://www.econbiz.de/10012955587
We study how funding agencies should set budget caps for competitive grants. We show that budget caps influence the researchers' submission strategy and, in particular, whether they steer their project choice towards the agencies' favorite projects, and the level of funds they request. The...
Persistent link: https://www.econbiz.de/10012894255
The dormant Commerce Clause has long been a thorn in the side of state policymakers. The latest battleground for the … clash between federal courts and state legislatures is energy policy. In the absence of a decisive federal policy response … Commerce Clause doctrine as a major threat to state-led efforts to combat climate change. Pushing back against widespread …
Persistent link: https://www.econbiz.de/10012899677
against moralistic laws, in asserting claims for rights, and as part of general business lobbying to shape the law. To the …
Persistent link: https://www.econbiz.de/10012899877
This paper examines whether and to what extent the Uniform Trade Secrets Act (UTSA) affects technology spillovers between focal firms (i.e., receivers of spillovers) and peers (i.e., senders of spillovers). I find that technology spillovers from peers located in states adopting the UTSA are 27%...
Persistent link: https://www.econbiz.de/10012823479
Many innovation and industrial policy documents assign significant growth potential to "smart standardisation". The aim of this contribution is to discuss the complexity of standardisation as a policy instrument beyond the catchphrase. We derive implications on policies from the underlying...
Persistent link: https://www.econbiz.de/10013005982
Competitors embroiled in a patent dispute always prefer to preserve and share monopoly profits, even if the patent is likely invalid. Antitrust has come to embrace a policy that requires horizontal settlements to be "proportional" in the sense that their anticompetitive effects are commensurate...
Persistent link: https://www.econbiz.de/10012851220
When rivals settle a patent dispute, they prefer to preserve the full monopoly profit, even if the patent is very likely invalid. The literature advocates comparing settlement outcomes to the expected result of litigation, but has not identified a comprehensive means of doing this. We show that...
Persistent link: https://www.econbiz.de/10012853851