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 …

knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …

refocus the debate and analyses the economic issues, impacts and implications of the innovation clusters policy. To do this … cooperation. We assume that innovation cluster "potentiates", by a synergistic action, the beneficial effect of each of these …

Community Innovation Survey for Belgium. Specifically, we investigate the role of foreign affiliates’ local (host country …

formal KTT typically involves a legal contract on a patent or on collaborative research activities, informal transfer … contributes to higher innovation performance. The management of the firm should therefore strive to maintain close informal …

All forms of intellectual property may be necessary for the effective commercialization of a patent. Nevertheless …, while the Bayh-Dole Act is an explicit recognition by Congress of the need to allocate patent rights in order to promote a … policy of commercializing the products of federal research funding, it is silent on other salient intellectual patent rights …

In this paper we explore the concept of informal innovation by investigating it both on the input (activities) and … output (impact) side of the innovation process. Informal innovation is defined as innovation that is not explicitly planned … and budgeted and therefore remains largely hidden in (aggregate) innovation data. We take a statistical approach to reveal …

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 …