Showing 1 - 10 of 157
We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more...
Persistent link: https://www.econbiz.de/10005497933
patents granted by the EPO are estimated to increase by 29%. …
Persistent link: https://www.econbiz.de/10005067596
detailed data on inventors contained in patents, and harness it for economic research. Patent data has long been used in … empirical research in economics, and yet the information on the identity (i.e. the names and location) of the patents’ inventors … be spelled differently across her/his patents, and the exact same name may correspond to different inventors (i.e. the …
Persistent link: https://www.econbiz.de/10005661738
venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent …
Persistent link: https://www.econbiz.de/10005662179
This Paper describes the database on US patents that we have developed over the past decade, with the goal of making it … — about 3 million patents and 16 million citations — is now available on the NBER website. We discuss key issues that arise in … to use the raw number of citations received by different patents directly in a meaningful way. To remedy this problem we …
Persistent link: https://www.econbiz.de/10005136726
We examine prizes as an inducement for innovation using a novel dataset of awards for inventiveness offered by the Royal Agricultural Society of England from 1839 to 1939. At annual shows the RASE held competitive trials and awarded medals and monetary prizes (exceeding one million pounds in...
Persistent link: https://www.econbiz.de/10005114142
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10011084309
This Paper is the result of the Bank of Italy-CEPR project to construct a monthly coincident indicator of the business cycle of the euro area. The index is estimated on the basis of a harmonized data set of monthly statistics of the euro area (951 series) which we constructed from a variety of...
Persistent link: https://www.econbiz.de/10005504237
This Paper discusses a number of issues in the context of the debate on intellectual property in less developed countries (LDCs). It starts by discussing the consequences of IP enforcement in LDCs for global innovation and welfare in poorer countries. It then considers the costs and benefits of...
Persistent link: https://www.econbiz.de/10005504337
A growing theoretical and empirical literature is concerned with the effects of flexible workplace systems or High Performance Work Organizations (HPWOs) on wages. Existing theoretical literature suggests that these forms of organization should lead to higher inequality across firms, increased...
Persistent link: https://www.econbiz.de/10005504382