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Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political economy and feasibility of this potentially important financing mechanism have been understudied. We study an international setting of countries with different innovation and...
Persistent link: https://www.econbiz.de/10015065871
The literature on patent buyouts has focused on single-economy settings, where buyouts are welfare improving relative to patents unless there are frictions such as imperfect information or commitment problems. We expand the analysis to a world with two heterogeneous countries featuring different...
Persistent link: https://www.econbiz.de/10013271368
relation between innovation and exports. -- exports ; innovation ; intellectual property ; quality standards ; research joint … discusses the interaction among innovative skills, minimum quality standards, and patent protection, noting how these generate …
Persistent link: https://www.econbiz.de/10009615765
This paper examines the importance of localized knowledge for innovative exporters by observing their embeddedness in regional innovation systems and international knowledge flow by using trade data on openness. The study distinguishes between new competence creation as proxied by patent...
Persistent link: https://www.econbiz.de/10011532059
The current economic policy discussion on financial integration in the European Union concentrates on cross-border mergers. We study the impact of cross-border lending in a theoretical model where banks acquire either hard or soft information on borrowing firms and predict that the closer firms...
Persistent link: https://www.econbiz.de/10010343928
Persistent link: https://www.econbiz.de/10011982778
between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United …
Persistent link: https://www.econbiz.de/10010229958
given rate of growth of non-discovery exports. However, this market-failure effect is less pronounced when allowing for …
Persistent link: https://www.econbiz.de/10013121892
estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from … advantages, and it establishes a connection of migration to home country exports beyond bilateral networks …
Persistent link: https://www.econbiz.de/10012902445
's exports. While broadly similar factors influence patenting and innovation intensity of exports, important nuances emerge … development, innovation intensity of exports appears to be more closely linked to the size and openness of the economy and the … higher patent output, only business R&D appears to be positively linked to a more innovation-intensive structure of exports …
Persistent link: https://www.econbiz.de/10012927914