We examine the relationship between product liability litigation and innovation by systematically combining data on …

Liability laws designed to compensate for harms caused by defective products may also affect innovation. We examine … negative impact on downstream innovation in medical implants, but it had no significant effect on upstream polymer patenting … effect on downstream innovation …

" about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …

which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South …, Northern resources will be reallocated to R&D, driving an increase in the global rate of innovation. We test the model …

products to China. We find causal evidence that offshoring impacts both the level and nature of innovation. In the technologies … directly related to product categories that could be offshored more easily after the policy shock, overall innovation levels … decline and innovative effort shifts away from product innovation and towards process innovation. However, we also find …

We study the causal impact of patent invalidation on subsequent innovation and exit by the patent holder. The analysis …