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The Rules of Standard Setting Organizations: An Empirical Analysis

Chiao, Benjamin; Lerner, Josh; Tirole, Jean - C.E.P.R. Discussion Papers - 2007

This paper empirically explores standard-setting organizations’ policy choices. Consistent with Lerner-Tirole (2006), we find (a) a negative relationship between the extent to which an SSO is oriented to technology sponsors and the concession level required of sponsors and (b) a positive...

Persistent link: https://www.econbiz.de/10005792070

Venture Capital and Industrial ''Innovation''

Hirukawa, Masayuki; Ueda, Masako - C.E.P.R. Discussion Papers - 2008

measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment …

Persistent link: https://www.econbiz.de/10005136420

Productivity Growth and the Structure of the Business Cycle

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992

Over recent years `opportunity cost' (OC) models of growth have been constructed which suggest that firms take advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during recessions. This paper tests whether this argument is correct,...

Persistent link: https://www.econbiz.de/10005666892

A Note on Detecting Learning by Exporting

De Loecker, Jan - C.E.P.R. Discussion Papers - 2010

Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies has not found evidence for this hypothesis. This paper...

Persistent link: https://www.econbiz.de/10008784762

Restructuring And Productivity Growth In UK Manufacturing

Disney, Richard F; Haskel, Jonathan; Heden, Ylva - C.E.P.R. Discussion Papers - 2000

We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn from the Census of Production. We examine the relative importance of 'internal' restructuring (such as new technology and organizational change) and 'external' restructuring...

Persistent link: https://www.econbiz.de/10005666830

How Licensing Resolves Hold-Up: Evidence from a Dynamic Panel Data Model with Unobserved Heterogeneity

Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006

This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It will have different effects on firms' R&D incentives depending on whether firms license existing or future patents. Building on a model of a patent portfolio race, firms'...

Persistent link: https://www.econbiz.de/10005504462

Innovation and Foreign Ownership

Guadalupe, Maria; Kuzmina, Olga; Thomas, Catherine - C.E.P.R. Discussion Papers - 2010

product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign … technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that … jointly explains the observed selection process and the innovation decisions. Further, we show in the data that innovation on …

Persistent link: https://www.econbiz.de/10008784754

Jostling for Advantage: Licensing and Entry into Patent Portfolio Races

Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006

Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives depend on whether they license ex ante or ex post. We develop a model of a patent portfolio race, which allows for endogenous R&D efforts, to study firms’ choice between ex ante and ex post...

Persistent link: https://www.econbiz.de/10005661516

A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies

Helpman, Elhanan; Trajtenberg, Manuel - C.E.P.R. Discussion Papers - 1994

We develop a model of growth driven by successive improvements in `General Purpose Technologies' (GPTs), such as the steam engine, electricity, or micro-electronics. Each new generation of GPTs prompts investments in complementary inputs and impacts the economy after enough such compatible...

Persistent link: https://www.econbiz.de/10005124059

Patents, Imitation and Licensing in an Asymmetric Dynamic R&D Race

Fershtman, Chaim; Markovich, Sarit - C.E.P.R. Discussion Papers - 2006

arrangement on the speed of innovation, firm value and consumers' surplus. The paper demonstrates the circumstances under which a … surplus than a regime that awards patent for the final innovation. This result holds even in cases where the length of the …

Persistent link: https://www.econbiz.de/10005114234