Showing 1 - 7 of 7
Trademarks are often supposed to reduce substitutability and imitability of product innovations. Using German CIS data for 2010, we provide empirical evidence that trademarking firms assess easy product substitutability as less characteristic for their competitive environment. This is...
Persistent link: https://www.econbiz.de/10009787415
Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its … project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation …, research on absorptive capacities finds that previous innovation experience translates into superior ability to value, extract …
Persistent link: https://www.econbiz.de/10003761053
This paper investigates how local jurisdictions in a federal system influence each other in the adoption of policy innovations. We look at school districts in Michigan and their participation in a public school choice program launched in 1996. Districts' participation decisions are modelled as...
Persistent link: https://www.econbiz.de/10002681832
Before making di±cult decisions, individuals tend to collect information on decision makers in reference groups. With respect to policy innovations in a decentralized public sector, this may give rise to positive neighborhood influence on adoption decisions. On the other hand, due to learning...
Persistent link: https://www.econbiz.de/10002590989
A simple model of yardstick competition between jurisdictions is presented. Governments of jurisdictions face the alternative to choose between an old and a new policy with stochastic payoffs. The new policy is superior to the old policy in one state of the world, and inferior in the other....
Persistent link: https://www.econbiz.de/10002591073
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical … investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold … ownership fragmentation on investments related to innovation for firms with small patent portfolios. Hold-up threats are …
Persistent link: https://www.econbiz.de/10009510154
Thickets of partially overlapping patent rights raise costs to secure IPR for innovation. Fragmented IP ownership … capital-intensities among owners of overlapping patents affect propensities to invest in innovation. I find that firms with … small patent portfolios are less likely to invest in innovation if IPR is fragmented. Firms with large patent portfolios are …
Persistent link: https://www.econbiz.de/10010204044