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The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools

Hall, Bronwyn H; Jaffe, Adam; Trajtenberg, Manuel - National Bureau of Economic Research (NBER) - 2001

This paper describes the database on U.S. patents that we have developed over the past decade, with the goal of making it widely accessible for research. We present main trends in U. S. patenting over the last 30 years, including a variety of original measures constructed with citation data,...

Persistent link: https://www.econbiz.de/10005830003

Inventor Moral Hazard in University Licensing: The Role of Contracts

Dechenaux, Emmanuel; Thursby, Jerry; Thursby, Marie C. - National Bureau of Economic Research (NBER) - 2008

We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of engaging inventors in the development of licensed inventions. Our theoretical model shows that when milestones are feasible, royalties are not optimal unless the licensing firm is...

Persistent link: https://www.econbiz.de/10005830105

University Entrepreneurship and Professor Privilege

Damsgaard, Erika Farnstrand; Thursby, Marie C. - National Bureau of Economic Research (NBER) - 2012

This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh Dole Act gives universities the right to own inventions from publicly funded research,...

Persistent link: https://www.econbiz.de/10011227909

Measuring the Returns to R&D

Hall, Bronwyn H; MAIRESSE, Jacques; Mohnen, Pierre - National Bureau of Economic Research (NBER) - 2009

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...

Persistent link: https://www.econbiz.de/10008624599

Patents as Signals for Startup Financing

Conti, Annamaria; Thursby, Jerry; Thursby, Marie C. - National Bureau of Economic Research (NBER) - 2013

We examine the role of patents as signals used to reduce information asymmetries in entrepreneurial finance. A theoretical model gives conditions for a unique separating equilibrium in which startup founders file for patents to signal invention quality to investors, as well as appropriating...

Persistent link: https://www.econbiz.de/10010821794

Adoption of New Technology

Hall, Bronwyn H; Khan, Beethika - National Bureau of Economic Research (NBER) - 2003

The contribution of new technology to economic growth can only be realized when and if the new technology is widely diffused and used. Diffusion itself results from a series of individual decisions to begin using the new technology, decisions which are often the result of a comparison of the...

Persistent link: https://www.econbiz.de/10005580436

Empirical Studies of Innovation in the Knowledge Driven Economy

Hall, Bronwyn H; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2006

innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …

Persistent link: https://www.econbiz.de/10005050393

Specific and General Information Sharing Among Academic Scientists

Haeussler, Carolin; Jiang, Lin; Thursby, Jerry; … - National Bureau of Economic Research (NBER) - 2009

We provide theoretical and empirical evidence on the factors that influence the willingness of academic scientists to share research results. We distinguish between two types of sharing, specific sharing in which a researcher shares her data or materials with another and general sharing in which...

Persistent link: https://www.econbiz.de/10005059074

Innovation and Diffusion

Hall, Bronwyn H - National Bureau of Economic Research (NBER) - 2004

The contribution made by innovation and new technologies to economic growth and welfare is largely determined by the … neglected one in the economics of innovation. This chapter, written for a handbook on innovation, provides a historical and …

Persistent link: https://www.econbiz.de/10005027098

Patents as Quality Signals? The Implications for Financing Constraints on R&D

Hall, Bronwyn H; Czarnitzki, Dirk; Hottenrott, Hanna - National Bureau of Economic Research (NBER) - 2014

Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...

Persistent link: https://www.econbiz.de/10010950857