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Aghion, Philippe - 2014

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

Persistent link: https://www.econbiz.de/10013069342

Credit Constraints and the Cyclicality of R&D Investment : Evidence from France

Aghion, Philippe - 2010

We use a French firm-level panel data set over the period 1993-2004 to analyze the relationship between credit constraints and firms' R&D behavior over the business cycle. Our main results can be summarized as follows: (i) the share of R&D investment over total investment is countercyclical...

Persistent link: https://www.econbiz.de/10013137947

Filling the Gap : The Consequences of Collaborator Loss in Corporate R&D

Poege, Felix; Gaessler, Fabian; Hoisl, Karin; Harhoff, … - 2022

We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...

Persistent link: https://www.econbiz.de/10014244274

Patents, freedom to operate, and follow-on innovation: Evidence from post-grant opposition

Gäßler, Fabian; Harhoff, Dietmar; Sorg, Stefan; von … - 2024

We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation …. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large …

Persistent link: https://www.econbiz.de/10014517482