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between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …
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technologies and imitation of industry leaders. Employment growth in leader firms is encouraged whereas growth of backward firms is … not as well received on the stock market. -- Distance to frontier ; Strategy ; Market value ; Innovation ; Firm Growth …
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technologies and imitation of industry leaders. Employment growth in leader firms is encouraged whereas growth of backward firms is … not as well received on the stock market. -- Distance to frontier ; Strategy ; Market value ; Innovation ; Firm Growth …
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The debate on whether COVID-19 vaccine patents are slowing down the pace of vaccination and the recovery from the crisis has brought the optimal design of pharmaceutical patent policy to the fore. In this paper we evaluate patent policy in the US pharmaceutical industry. We estimate the effect...
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