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Measuring the spillovers of venture capital

Schnitzer, Monika; Watzinger, Martin - 2017

We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...

Persistent link: https://www.econbiz.de/10011718181

How antitrust enforcement can spur innovation : bell labs and the 1956 consent decree

Watzinger, Martin; Fackler, Thomas; Nagler, Markus; … - 2017

harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …

Persistent link: https://www.econbiz.de/10011610914

Measuring Spillovers of Venture Capital

Watzinger, Martin; Schnitzer, Monika - 2014

In this paper we measure knowledge spillovers arising from venture-capital nanced companies on the patenting activities of other companies and com- pare them to spillovers from established rms. We develop a novel measure to to identify the appropriate spillover pool based on backward citations...

Persistent link: https://www.econbiz.de/10010396675

ICT, collaboration, and science-based innovation : evidence from BITNET

Wernsdorf, Kathrin; Nagler, Markus; Watzinger, Martin - 2020

Does access to information and communication technologies (ICT) increase innovation? We examine this question by …

Persistent link: https://www.econbiz.de/10012304309