Similar Search Results

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/10011744929

ICT, Collaboration, and Science-Based Innovation : Evidence from BITNET

Wernsdorf, Kathrin; Nagler, Markus; Watzinger, Martin - 2021

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

Persistent link: https://www.econbiz.de/10013315141

How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree

Watzinger, Martin; Fackler, Thomas A.; 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/10011615906

Executive Compensation: A Survey of Theory and Evidence

Edmans, Alex; Gabaix, Xavier; Jenter, Dirk - 2017

This paper reviews the theoretical and empirical literature on executive compensation. We start by presenting data on the level of CEO and other top executive pay over time and across firms, the changing composition of pay; and the strength of executive incentives. We compare pay in U.S. public...

Persistent link: https://www.econbiz.de/10011744891

CEO Compensation: Evidence from the Field

Edmans, Alex; Gosling, Tom; Jenter, Dirk - 2021

We survey directors and investors on the objectives, constraints, and determinants of CEO pay. 67% of directors would sacrifice shareholder value to avoid controversy on CEO pay, implying they face significant constraints other than participation and incentive compatibility. These constraints...

Persistent link: https://www.econbiz.de/10012599249

CEO Compensation : Evidence from the Field

Edmans, Alex; Gosling, Tom; Jenter, Dirk - 2021

Persistent link: https://www.econbiz.de/10013220138

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/10012425552