Showing 1 - 10 of 419
markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an … inverse U-shaped relationship between patent strength and growth: moderate levels of patent protection can stimulate growth …
Persistent link: https://www.econbiz.de/10014383652
Pharmaceutical firms spend increasing amounts in mergers and acquisitions (M&As), which raises the question of whether sufficient investment is left after mergers to further develop firms' internal drug development capability. We evaluate the effects of M&As on firms' post-merger R&D...
Persistent link: https://www.econbiz.de/10012219372
contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous … variation to establish causality. By analysing patent citation data, we further provide evidence that these positive effects are …
Persistent link: https://www.econbiz.de/10011952002
in imports from China on innovation in the US manufacturing sector. We combine patent, firm and trade data during 1990 … positive effect on firm innovation, as measured by citation-weighted patent applications. This positive effect persists when we …-wage countries, especially China. Does this competition hurt or help innovation by firms? This paper studies the effect of the surge …
Persistent link: https://www.econbiz.de/10011688170
We examine the Nash equilibria of a game where two national governments set patent breadth strategically. Broader … patents make R&D more attractive, but the effect on static efficiency is nonmonotonic. In a North.South model, where only the … North can innovate, harmonization of patent breadth lowers welfare relative to the Nash equilibrium. When both countries can …
Persistent link: https://www.econbiz.de/10011637630
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10011557905
small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used … significant effect on firms' innovation in small and middle cities. We also find that the effect of R&D on patents is …Understanding the factors that may produce a sustained rate of innovation is important for promoting economic …
Persistent link: https://www.econbiz.de/10011615502
This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish … novel stylized facts using rich data on the network of production affiliates and patent activity of German multinationals … of production, basic innovation and applied innovation, under asymmetric complementarities across these three activities …
Persistent link: https://www.econbiz.de/10015326180
Innovation is part idea generation and part development. We build a model of "innovating-by-doing," whereby ideas come … to practitioners. Successful innovation requires that practitioners' ideas be developed through costly effort. Our model ….S. Medicare program on medical equipment innovation. Our model’s structure allows us to infer the Medicare program's aggregate …
Persistent link: https://www.econbiz.de/10012500504
innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases …. This shifts economic activity towards firms specializing in process and product innovation and triggers entry of new start …
Persistent link: https://www.econbiz.de/10010496891