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evidence for start-up firms on the role of patents as signals to investors, in particular to Venture Capitalists. This study …&D for a panel of established firms. The results show that patents do indeed attenuate financing constraints for small firms …
Persistent link: https://www.econbiz.de/10010341887
This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect … innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate …
Persistent link: https://www.econbiz.de/10011539042
holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U ….S. residents. The most valuable patents in our data account for a large fraction of the cumulative value over all observations …
Persistent link: https://www.econbiz.de/10011440960
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This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider collaboration and subsidies as heterogeneous treatments, and perform an econometric matching to analyze R&D and patent activity at the firm level. In general, we find that...
Persistent link: https://www.econbiz.de/10002040121
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The effect of innovations on employment at the firm level is theoretically ambiguous. The present paper analyses this relationship using panel data on German start-up firms as well as German patent data. It employs different indicators of patenting activity. By applying fixed-effects and...
Persistent link: https://www.econbiz.de/10002515557
manufacturing in 2000, it turns out that patents are important to protect intellectual property in the market, whereas secrecy seems …
Persistent link: https://www.econbiz.de/10002507528
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