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This paper investigates the relationship between the innovative activity of the top corporate R&D investors worldwide and their valuation on the financial markets. The empirical analysis is based on a sample of more than 1,500 top publicly listed Multinational Corporations (MNCs) performing a...
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innovation performance of companies and can pose major threats to global competition and economic growth. However, the actual …-2013 (OECD-EUIPO, 2016) with financial information and patent data from 2009 to 2015. The result is a firm-level database that … profitability (return on total assets), prior to the window of observation. Target companies also have on average larger patent …
Persistent link: https://www.econbiz.de/10011981007
The effect of a firm's size is analysed in relation with the probability of applying for a patent. We worked on the … identification of a firm's minimum size, a threshold needed to formally protect an innovation by legal means. Below this minimum size … literature concludes that as size increases so does the propensity to patent. This research finds similar results for pool …
Persistent link: https://www.econbiz.de/10011981929
This work investigates the relationship between proxies of innovation activities, such as patents and trademarks, and … complementarity or substitutability. In addition, and to our knowledge novel, we propose a measure of concordance (or proximity …
Persistent link: https://www.econbiz.de/10012120586
China has surpassed the United States in patent applications and has become world leader. Strong patenting activity … by electronics manufacturers. State-owned firms spend more on R&D per patent, but hold fewer patents per researcher than … patent holders. Furthermore, the paper examines what drives patenting activity. Higher R&D spending by the firm and higher …
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the slump following the Great Recession. Endogenous innovation dynamics amplifies financial crises and helps explain the …
Persistent link: https://www.econbiz.de/10012054578
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