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Theoretically, whether technology firms should increase external R&D in response to stronger patent law depends on the … effects of law on returns to external and internal R&D. Exploiting geographical differences in the strengthening of patent …
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insight by combining measures of industry reliance on patent protection (IRPP) from seminal innovation surveys with the …We propose a novel empirical strategy for detecting the potential effects of patent reforms on R&D investments. Our … mechanism. Increases in patent protection should benefit those firms that rely on patents disproportionately more. We apply such …
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Innovation is widely considered one of the most important drivers for firm growth in the contemporary economy. However …, the 'elusive' as well as heterogeneous nature of innovation has generated a lively debate among scholars with regards to … the best metrics to capture its features and effects. Often, this has led to a reliance on R&D and/or patent …
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