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In this paper we present a model of the long term dynamics of market structure and innovation in the pharmaceutical industry in a history friendly way. Our results show a strong increase in concentration in each therapeutic area, but a rather low level of concentration in the overall market....
Persistent link: https://www.econbiz.de/10005169682
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to develop higher-quality products. The realization of...
Persistent link: https://www.econbiz.de/10011306647
different technological conditions emphasized by Merges & Nelson (1990) and as a function of different dimensions of patents … the determinants of the Social costs and benefits of patents. These social effects are mainly characterized at two levels … four classes of technologies in which the role of patents can be strongly contrasted: discrete inventions, cumulative …
Persistent link: https://www.econbiz.de/10005537648
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to develop higher-quality products. The realization of...
Persistent link: https://www.econbiz.de/10011295685
The paper investigates how sector composition and the magnitude of R&D investment in the EU may differ in 2020 in comparison to the past, if a selection of top R&D-investing SMEs were assumed to be on a fast growth track while the top R&D-investing large-scale companies continue to grow as...
Persistent link: https://www.econbiz.de/10012055262
The paper investigates how sector composition and the magnitude of R&D investment in the EU may differ in 2020 in comparison to the past, if a selection of top R&D-investing SMEs were assumed to be on a fast growth track while the top R&D-investing large-scale companies continue to grow as...
Persistent link: https://www.econbiz.de/10010886116
This paper develops and analyses a dynamic model, which combines both the adoption and the industry evolution theories. We model the decision of adoption, learning entry and exit of firms. These decisions depend on the interaction of technology characteristics (effectiveness, machinery and...
Persistent link: https://www.econbiz.de/10005670930
This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect … innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate …
Persistent link: https://www.econbiz.de/10011539042
patents; however, most patent databases contain no information on whether patents have been commercialized, i.e., whether … commercialization variables. For this purpose, I use a unique database on Swedish patents that includes information on whether patents …
Persistent link: https://www.econbiz.de/10010502667
In this paper, I empirically study the effect of IEEE’s IPR policy change in 2015 on standard related innovation. I construct a novel dataset of companies that have declared at least one patent as essential for an IEEE standard (the treatment group), and I then collect a sample of firms active...
Persistent link: https://www.econbiz.de/10013202986