affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are … known in the market but new to the firm (imitation) or to introduce market novelties (innovation). Using a sample of 1253 … German firms from manufacturing and services sectors I show that the perceived effectiveness of patent protection positively …

We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a …

We test whether intellectual property rights (IPRs) foster or hinder innovation by estimating IV structural equations …

promote post-grant follow-on innovation and development. The argument rests critically on the assumption that post … relevant technology class, and the breadth of its patent determines how competitive this market can become. Prospect theory …. However, economists have long debated the relationship between competition and innovation. A leading view among contemporary …

known to consumers. Each firm can make an imperfect disclosure of its product quality before engaging in price-signaling …, in one of the separating regimes, price signaling leads to intense price competition between the firms under which not …

from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to … innovation and existing product competition using the geography of Chinese internet penetration and Chinese import data …\&D investment and subsequent patents, and increased patenting by Chinese firms. The new Chinese patents also cite the patents of U …

This paper studies how competition impacts non-patented corporate innovation and firm value by exploiting adoptions of … invalidation by the U.S. Supreme Court. Firms decrease patenting activity following the laws' adoptions while also showing … are more innovative. After the laws are overturned, firms reinitiate patenting whereas prior investment spending …

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In … practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to … make up for this neglect by scrutinizing in what direction industry characteristics influence optimal patent strength. It …

This study investigates the relationship between product market competition and the market value of innovation using … firm-level patent data of US firms over the period 1977-2005. We find that there is an inverted U-shaped relationship … between competition and the value of innovation. Furthermore, we show that there is an "asymmetric" causal effect of …

&D-cooperations. The results of a microeconometric analysis, based on firm data on innovation, let in general presume that with intensified …