The paper considers the impact of multiple shareholder-oriented governance practices on R&D decisions. Based on a sample of 5,713 firms belonging to 110 large French listed business groups, our results substantiate the idea that shareholder-oriented governance practices and a lower position in a...

We analyze the extent to which patent pools (agreements where patent holders agree to license their intellectual property as a package) could be used as an institution to facilitate technology transactions in biotechnology. Patent pools have been used with success in the consumer electronics and...

Thanks to the second French Community Innovation Survey, a measurement of the importance of public research organisations as a useful source of innovation for manufacturing firms is available. We thus provide an exploratory econometric model where the internal R&D organisation and location of...

New knowledge with commercial potential is continually created in academic institutions. How is it turned into economically valuable businesses? This paper argues that the transfer is an entrepreneurial process. To understand this, the actions and the constraints characteristic for the...

Patent statistics represent a critical tool for scholars, statisticians and policy makers interested in innovation and intellectual property rights. Many analyses are based on heterogeneous methods delineating the inventors’ or firms’ patent portfolios without questioning the quality of the...

The second French Community Innovation Survey (CIS) indicates that 14% of R&D collaborating firms had to abandon or delay their innovation projects due to difficulties in their partnerships, an outcome which we term “cooperation failures”. Controlling for sample selection on the cooperation...

This paper compares the role of innovation and economic performance across European and Latin American countries, using firm level data from France, Spain, Switzerland, Argentina, Brazil and Mexico. We implement a standard structural model linking R&D intensity, innovation and productivity. We...

All in all, French, Italian and British companies are surpassed technologically more often than not by Swiss, Austrian and German companies. This technological delay does however not show up at the organisational level.

In this paper we explore the concept of informal innovation by investigating it both on the input (activities) and output (impact) side of the innovation process. Informal innovation is defined as innovation that is not explicitly planned and budgeted and therefore remains largely hidden in...

This paper investigates three questions related to endogenous information and knowledge disclosure by firms: Which industry sectors are more apt to disclose information and knowledge? Why is such knowledge released? Is knowledge disclosure an efficient strategy? An empirical analysis on four...