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Harnessing Success: Determinants of University Technology Licensing Performance

Belenzon, Sharon; Schankerman, Mark - C.E.P.R. Discussion Papers - 2007

We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...

Persistent link: https://www.econbiz.de/10005667018

Innovation and Institutional Ownership

Aghion, Philippe; Van Reenen, John; Zingales, Luigi - C.E.P.R. Discussion Papers - 2009

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...

Persistent link: https://www.econbiz.de/10005661518

When Does Labor Scarcity Encourage Innovation?

Acemoglu, Daron - C.E.P.R. Discussion Papers - 2009

This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological progress and technology adoption. In standard endogenous growth models, which feature a strong scale effect, an increase in the supply of labor encourages technological...

Persistent link: https://www.econbiz.de/10005791910

The Environment and Directed Technical Change

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011

This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...

Persistent link: https://www.econbiz.de/10009365645

Technological Diversification

Koren, Miklós; Tenreyro, Silvana - C.E.P.R. Discussion Papers - 2007

progress takes the form of an increase in the number of varieties, raising average productivity. In addition, the expansion in …

Persistent link: https://www.econbiz.de/10005114495

Technological Change, Trade in Intermediates and the Joint Impact on Productivity

Bøler, Esther Ann; Moxnes, Andreas; Ulltveit-Moe, … - C.E.P.R. Discussion Papers - 2012

productivity. We do so by developing a quantitative model with heterogeneous firms and international trade where firms can invest … cover the fixed costs of sourcing foreign inputs, which in turn also has a benign impact on measured productivity. Using …&D investment play a key role in explaining firm-level productivity growth. Moreover, the estimated returns to R&D are significantly …

Persistent link: https://www.econbiz.de/10011084440

Innovation Beyond Patents: Technological Complexity as a Protection against Imitation

Henry, Emeric; Ruiz-Aliseda, Francisco - C.E.P.R. Discussion Papers - 2012

A large portion of innovators do not patent their inventions. This is a relative puzzle since innovators are often perceived to be at the mercy of imitators in the absence of legal protection. In practice, innovators however invest actively in making their products technologically hard to...

Persistent link: https://www.econbiz.de/10011084053

Patents and Cumulative Innovation: Causal Evidence from the Courts

Galasso, Alberto; Schankerman, Mark - C.E.P.R. Discussion Papers - 2013

Cumulative innovation is central to economic growth. Do patent rights facilitate or impede such follow-on innovation? This paper studies the effect of removing patent protection through court invalidation on the subsequent research related to the focal patent, as measured by later citations. We...

Persistent link: https://www.econbiz.de/10011084087

The distinct effects of Information Technology and Communication Technology on firm organization

Bloom, Nicholas; Garicano, Luis; Sadun, Raffaella; Van … - C.E.P.R. Discussion Papers - 2013

Guided by theories of management by exception, we study the impact of Information and Communication Technology on worker and plant manager autonomy and span of control. The theory suggests that information technology is a decentralizing force, whereas communication technology is a centralizing...

Persistent link: https://www.econbiz.de/10011084130

Quality Improvements in Models of Growth

Barro, Robert J.; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994

Technological progress takes the form of improvements in the quality of an array of intermediate inputs to production. In an equilibrium that is standard in the literature, all research is carried out by outsiders, and success means that the outsider replaces the incumbent as the industry...

Persistent link: https://www.econbiz.de/10005067489