consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use … innovation decisions. We show that the private value of a patent is particularly high for large firms as patents protect large …

consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use … innovation decisions. We show that the private value of a patent is particularly high for large firms as patents protect large …

analysis, the slowdown in innovation activity has a clear temporal connection with the later slowdown in productivity in the …In this paper, we shed new light on the productivity impact of breakthrough patents, as well as their role in the … variability of productivity across countries. We use text analysis and machine learning-based estimates of the number of …

full effects of each proximity, both on choice of collaborator and on the underlying decision to collaborate. The results … show that physical proximity is an important influence on collaboration, but is mediated by organisational and ethnic … factors. Over time, physical proximity increases in salience. For multiple inventors, geographic proximity is, however, much …