I apply a survival model to a detailed data set of Swedish patents to estimate how different financing factors affect the likelihood of patent renewal. Since the owners know more about the patents than potential external financiers, there is a problem of asymmetric information. To overcome this,...

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No abstract.

Re-coinage implies that old coins are declared invalid and exchanged for new ones at fixed exchange rates and dates. Empirical evidence shows that re-coinage could occur as often as twice a year within a currency area in the Middle Ages. The exchange fee at re-coinage worked as a monetary tax...

Three empirical models for the choice of entry mode in foreign direct investment are compared. In contrast to the models used in earlier studies where the entry decision is taken to be predetermined, the alternative to refrain from investment altogether is here taken into account. Furthermore,...