Showing 1 - 10 of 276
We study the cyclicality of public R&D in 28 OECD countries (1995 - 2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and...
Persistent link: https://www.econbiz.de/10012623213
Patent offices around the world face massive backlogs of applications, which threatens to slow down the pace of … technological progress. However, economists lack analytical tools to address the issue. This paper provides a model of patent … patent pendency duration and react in anticipation of the waiting time resulting from the backlog. They can accelerate or …
Persistent link: https://www.econbiz.de/10011527800
Recent empirical studies find vast industry differences in how patent protection influences innovation and growth. An … optimization of aggregate growth, therefore, implies the need for a flexible patent regime responding to each industry …'s characteristics. In practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This …
Persistent link: https://www.econbiz.de/10010270109
This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive) effects. Compulsory licensing is shown to have an...
Persistent link: https://www.econbiz.de/10010329312
This article analyzes the effects of intellectual property rights protection on innovation in a quality-ladder model in which part of the consumers value being the exclusive consumers of the newest generation of a good. In the case of a monopoly innovator, we show that reducing IP protection can...
Persistent link: https://www.econbiz.de/10010329525
Theory to include the aspect of the technological capabilities of companies. We use the share of international patent …
Persistent link: https://www.econbiz.de/10010310705
This paper finds that the shift from buying music as a physical product towards subscribing to music services implies a decrease of 85 percent in the price paid per song. We estimate that in 2019 the global quality adjusted value from streamed music was $76 billion compared to current revenues...
Persistent link: https://www.econbiz.de/10012291466
and products. The methodology that we employ relates the scientific citations in patent documents - as a basic indicator … scientific research environment. With caution, and recognising the limitations inherent in the NPC (non patent citation …
Persistent link: https://www.econbiz.de/10011318878
The interpretation and measurement of the innovation performance of territorial units represent well established research areas. Nevertheless the way this issue is usually addressed raises several questions. In present paper we are dealing with two of these problematic fields: the level of...
Persistent link: https://www.econbiz.de/10011332635
the innovative success of R&D cooperation projects and project characteristics. Patent applications and publications are … R&D projects positively affects project outcomes in terms of publications but not in terms of patent applications. No …
Persistent link: https://www.econbiz.de/10010270277