Showing 1 - 10 of 26
stock market valuation of the firm's intangible stock of knowledge. Using patents and citations for 1963--1995, we estimate …
Persistent link: https://www.econbiz.de/10005551218
about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their …
Persistent link: https://www.econbiz.de/10008615252
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10008615253
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10008630002
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10010856381
Evidence on the "funding gap" for R&D is surveyed. The focus is on financial market reasons for underinvestment in R&D that persist even in the absence of externality-induced underinvestment. The conclusions are that 1) small and new innovative firms experience high costs of capital that are...
Persistent link: https://www.econbiz.de/10010843286
Persistent link: https://www.econbiz.de/10010843287
decision itself. This paper discusses the likely impact of these patents on innovation. It first reviews the facts about … system and innovation. It concludes by finding some consensus in the literature about the problems associated with this …
Persistent link: https://www.econbiz.de/10010843467
about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their …
Persistent link: https://www.econbiz.de/10010712047
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …
Persistent link: https://www.econbiz.de/10010712105