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We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more...
Persistent link: https://www.econbiz.de/10005497933
returns by technology and cumulative patent value. While the returns earned by most patents dissipate rapidly, high valued … patents tend to receive significant returns through the latter part of the patent term. These high valued patents which … selectively renew the subset of high valued patents. …
Persistent link: https://www.econbiz.de/10010906511
protection (e.g., patents); choosing to establish a “patent–paper pair” allows researchers to influence follow-on access to …
Persistent link: https://www.econbiz.de/10011051618
We find a negative relationship between bank distress and the level, quality and trajectory of firm-level innovation during the Great Depression, particularly for R&D firms operating in capital intensive industries. However, we also show that because a sufficient number of R&D intensive firms...
Persistent link: https://www.econbiz.de/10010939420
This paper studies the innovation response of upstream technology suppliers when their downstream buyers transition from regulation to competition. By modeling the impact of the 1990s U.S. electricity deregulation on patenting, we find that after deregulation, the net competition effect...
Persistent link: https://www.econbiz.de/10011009927
This study examined how intangible assets of Japanese biotechnology startups affected their intention to go public at one point and their actual initial public offering. Simple patent counts did not affect startups’ intention to go public in 2005. Among several indicators of patent quality,...
Persistent link: https://www.econbiz.de/10010576412
of patents can be taken into account. Our data covers biotechnology patents held by Finnish biotechnology companies …
Persistent link: https://www.econbiz.de/10005047372
This paper uses panel regressions to investigate the effects of innovation policies and framework factors on business R&D intensity and patenting for a sample of 20 OECD countries over the period 1982- 2001. Both sets of factors are found to matter; the main determinants of innovativeness appear...
Persistent link: https://www.econbiz.de/10005049012
patents granted by the EPO are estimated to increase by 29%. …
Persistent link: https://www.econbiz.de/10005067596
detailed data on inventors contained in patents, and harness it for economic research. Patent data has long been used in … empirical research in economics, and yet the information on the identity (i.e. the names and location) of the patents’ inventors … be spelled differently across her/his patents, and the exact same name may correspond to different inventors (i.e. the …
Persistent link: https://www.econbiz.de/10005661738