aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

global innovation policy. The ‘Trade Related Aspects of Intellectual Property Rights’ (TRIPS) Agreement, signed in 1994 as a … knowledge and innovation. On the basis of some key learned lessons on the nature of innovation and technological change, we …

-economists is that domestic institutions determine national innovation rates. However, after decades of research, there is still no … national innovation rates. Its survey will show that, although a specific domestic institution or policy might appear to … explain a particular instance of innovation, they generally fail to explain national innovation rates across time and space …

behind the Park as well as the effects of its operation. The author also describes the role of innovation as the main …

A vertically integrated firm, having acquired the intellectual property (IP) through innovation to become an input … interact to affect innovation incentive and post-innovation market performance. …

The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose … innovation process: the choice of a firm to engage in innovation, its R&D intensity, its innovation output and labour … productivity. We test the model on a firm-level panel dataset based on the last three waves of the innovation survey for Norway …

United Kingdom as immediate followers, which all display, on the long run, a negative marginal value added on innovation. The … apparently hostile to innovation, i.e. giving back negative marginal value added on innovation ? A model is introduced in which … equilibrium in which innovating is rational though suboptimal, without premium on innovation being a real economic profit. The …

-term orientation and the local embeddedness of family firms suggest a positive effect on regional innovation activity. Yet, despite the … effect of family firms on regional innovation. Using a dataset of 326 German regions, our regressions show that regions with … a higher share of family firms also show higher levels of innovation activity, as measured by the number of successful …

opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …