This collection investigates the phenomenon of ""Open Innovation,"", in which firms draw on research and development … that may lie outside their own boundaries. The book's contributors link the practice of innovation to the established body … of innovation rsearch, showing what's new and what's familiar in the process. Looking in depth at a process recently …

earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar … medium-term premia accrue to inventors who initially hold the patent rights, although they forego earnings at the time of the …