innovation is based on citation-weighted patent stocks. In our estimation model, we control for endogeneity using instrumental …Mergers lead to larger firms and a less competitive market structure, but their effects on innovation are not clear …. Mergers may improve innovation incentives by promoting economies of scope and scale, R\&D activities, and increasing the …

and Q theories of mergers. Our measure of innovation is based on the citation-weighted patent stock. We find that …The impact of innovation on mergers has been a subject of debate in merger enforcements. Firms may decide to merge … because of increasing market share and expanding capacity. However, mergers may also be motivated by innovation since they …

industry level, and their induced effects on firms’ innovation incentives. We use for that purpose a panel dataset of Spanish … industry patenting intensity) reduces market competition, it may also encourage firms’ innovation incentives (in terms of firms …

This chapter summarizes the basic characteristics of patent data as an innovation indicator and reviews some of the … recent research using patent data, focusing on major developments since Griliches in 1990 [Griliches, Z. (1990). “Patent … availability of patent data on an increasingly global scale and the accompanying global spread of research using patent data. The …

competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the ?patent thicket …

competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the 'patent thicket …

Patent citation data are used in a growing body of economics and business research on technological diffusion. Until … now, there exists little evidence on whether patent citations are a good measure of knowledge flows. Our paper assesses … the legitimacy of using European patent citations as a measure of technology flows. It uses information from the Community …

Patent citation data are used in a growing body of economics and business research on technological diffusion. Research … diffusing outward from the patenting entity. Until now, there exists little evidence on whether or not patent citations are a … good measure of knowledge flows. Our paper assesses the legitimacy of using European patent citations as a measure of …

This working paper provides a statistical analysis of 74 patent families which cover subject matter relevant to ten … based on VaxPaL, a COVID-19 vaccines patent database developed by the Medicines Patent Pool (MPP). Through the detailed … examination of patent applicants, filing dates, and offices of first and subsequent filing, the paper identifies patterns and …

This paper considers the prospect of a government patent buyout in a model of endogenous growth. To this end, the … shows that in this set-up, patent buyout by the government can lead to higher level of welfare without lowering an economy …