Mehta, Aditi; Rysman, Marc; Simcoe, Tim - In: Journal of Applied Econometrics 25 (2010) 7, pp. 1179-1204
Previous research studies the age profile of patent citations to learn about knowledge flows over time. However, identification is problematic because of the collinearity between application year, citation year, and patent age. We show empirically that a patent's ‘citation clock’ does not...