We analyse both the theoretical and the empirical side of the issue of R&D spillovers. Each firm's R&D costs are increasing in the amount of information transmitted to other firms, and we account for the possibility that firms control spillovers. We consider both Cournot-Nash and...

This article examines the role of 'continuations' (procedural revisions of patent applications) in software patents and overall patenting in the United States during 1987-1999. The research represents the first effort of which we are aware to analyze data on continuations in software or any...

The overall objective of this paper was to determine the impact of producing a world-first innovation, a Canada-first innovation and a first-to-the firm innovation on firms' economic performance (employment, labour productivity, market share and total value added). The study used unique data...