imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …

-ups with experienced inventors holding a patent at the time of receiving the first round of investment produce the largest …

This paper studies the asset pricing implications of technology spillover, an important externality in innovation … variety, such benefits are procyclical, and investors therefore demand higher returns for holding these stocks. Using patent … firms. These findings highlight the importance of innovation externality on stock returns …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property … on why developing countries should encourage FDI and strengthen the IPR regime together to enhance domestic innovation …

This paper examines the trends in geographic localization of knowledge spillovers via patent citations, considering US …

This paper examines the trends in geographic localization of knowledge spillovers via patent citations, extracting …

Innovation studies have largely recognized the role of knowledge in fostering innovation and growth of entrants … approach to the analysis of patent text. We explore the empirical relation between pre-entry complexity of knowledge, as …

or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead …

, receive more forward citations per patent which indicates that joint R&D enhances patent quality. In the light of the … fewer citations for the individual patent …

patent quantity is driven by knowledge exchange rather than joint R&D. Firms engaged in joint R&D, on the other hand, receive … more forward citations per patent indicating that joint R&D enhances patent quality. In light of literature on strategic …