In knowledge economies, patent agencies are often viewed as a relevant instrument of an efficient innovation policy. This paper brings a new support to that idea. We claim that these agencies should play an increasing role in the regulation of the relation between private R&D labs and public...

The purpose of this paper is to investigate the pattern of knowledge flows as indicated by the patent citations in three areas: USA, Japan and Europe. In each economic area, we use information from United States Patent and Trademarks Office data to assess empirically the impact of the...

The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose a refined version of the CDM (Crepon, Duguet, and Mairesse) model that analyses the impacts of competition on four interrelated stages of the innovation process: the choice of a...

Innovations, as highly risky, costly and uncertain activities, are extremely selective, giving rise to only a small group of lucky winners with substantial returns. This paper builds on the observation that returns to both firm and market novelties (MNs) are significantly right-skewed and, with...

This study examines whether, and to what extent, information and communication technology (ICT) has helped to improve economic growth. We adopt the traditional growth model as a framework to estimate contributions of labor, ICT, and non-ICT capital to economic growth in developed and developing...

This paper investigates empirically different ways to organize research and development (R&D) within Swiss firms. Based on a longitudinal data set comprising three cross-sections (1999, 2002, and 2005) of the Swiss Innovation Survey, four different types of R&D strategies could have been...

This article is an empirical analysis of the relationship between patent ownership and variety innovation for US agricultural biotechnology firms in the years 1976--1999. Counts of new varieties include corn, soybean, or wheat varieties protected by either patents or plant variety protection...

This paper draws on a sample of innovative Catalan firms to identify how two main sources of innovation -- internal R&D and external R&D acquisition -- affect productivity in the manufacturing and service industries. The sample comprises 1612 innovative firms from the fourth European Community...

The public discourse advocating increased patenting of academic discoveries, which has led to the approval of legislative measures (such as the Bayh--Dole Act, which is now adopted world-wide in various forms) is based on a set of theoretical arguments, mainly related to knowledge transfer and...

This article contributes to the literature on the determinants of patent value in two ways. First, it introduces a new potential class of value determinants in the form of filing strategies (including filing routes, drafting styles and divisional filings). Second, it provides empirical evidence...