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Market Value and Patent Quality in Japanese Manufacturing Firms

Yasuo, Nakanishi; Setsuo, Yamada - Volkswirtschaftliche Fakultät, … - 2007

We investigate the effect of quality of patents on the market value of firms represented by the Tobin's q. We consider the number of objections as well as the number of citations. We construct the database of patent stock, citation-weighted patent stock and objection-weighted patent stock. Our...

Persistent link: https://www.econbiz.de/10005623395

Does Mobility Increase the Productivity of Inventors?

Hoisl, Karin - Volkswirtschaftliche Fakultät, … - 2006

Although labor mobility has been recognized as a key mechanism for transferring tacit knowledge, prior research on inventors has so far hardly discussed the impact of a move on inventive performance. Additionally, existing research has neglected the differences in gains from a move between high...

Persistent link: https://www.econbiz.de/10005157502

Tracing Mobile Inventors – The Causality between Inventor Mobility and Inventor Productivity

Hoisl, Karin - Volkswirtschaftliche Fakultät, … - 2006

This paper analyzes the causality between inventor productivity and inventor mobility. The results show that the level of education has no influence on inventor productivity. Making use of external sources of knowledge, on the contrary, has a significant effect on productivity. Finally, firm...

Persistent link: https://www.econbiz.de/10005187263

Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model: Transitional Dynamics and Welfare Evaluation

Lin, Hwan C. - Volkswirtschaftliche Fakultät, … - 2012

The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …

Persistent link: https://www.econbiz.de/10011259176

Sequential Innovation and the Duration of Technology Licensing

Gordanier, John; Chun-Hui, Miao - Volkswirtschaftliche Fakultät, … - 2009

innovation for less than the full length of the patent and that royalty contracts can be used to overcome a time …

Persistent link: https://www.econbiz.de/10005019435

Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model

Lin, Hwan C. - Volkswirtschaftliche Fakultät, … - 2012

The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …

Persistent link: https://www.econbiz.de/10010729014

Measuring the Rate of Obsolescence of Patents in Japanese Manufacturing Firms

Nakanishi, Yasuo; Yamada, Setsuo - Volkswirtschaftliche Fakultät, … - 2008

This article assesses the rate of obsolescence of patents with measurements of the rate in Japan. Our study departs from Parkes and Schankerman (1989) and Schankerman (1998) because of its application of the ordered probit model. The application of this model enables us to consider the case of...

Persistent link: https://www.econbiz.de/10005836191

Are Overconfident CEOs Better Innovators?

Hirshleifer, David; Low, Angie; Teoh, Siew Hong - Volkswirtschaftliche Fakultät, … - 2010

over the 1993-2003 period, firms with overconfident CEOs have greater return volatility, invest more in innovation, obtain …&D) expenditure. Overconfident managers only achieve greater innovation than non-overconfident managers in innovative industries …

Persistent link: https://www.econbiz.de/10008560965

Geography, population density, and per-capita income gaps across US states and Canadian provinces

Lagerlöf, Nils-Petter; Basher, Syed A. - Volkswirtschaftliche Fakultät, … - 2005

We explain per-capita income gaps across US states and Canadian provinces by the following chain of causation. Geography determined where Europeans originally settled: in Northeastern USA, along those segments of the Atlantic coast where the climate was neither too hot (the US South), nor too...

Persistent link: https://www.econbiz.de/10005620089

The Asian model: a crisis foretold

Singh, Ajit; Weisse, Bruce - Volkswirtschaftliche Fakultät, … - 1998

Abstract The East Asian countries achieved extraordinarily fast economic growth during the last four decades. Indeed, it would be no exaggeration to say that they represented the most successful case of rapid industrialisation and sustained economic growth in the history of mankind. This paper...

Persistent link: https://www.econbiz.de/10011109046