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Patents, freedom to operate, and follow-on innovation : evidence from post-grant opposition
Gäßler, Fabian; Harhoff, Dietmar; Sorg, Stefan; … - 2024
. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large … patentee's product market. Here, transaction costs likely exceed the joint surplus of licensing, causing licensing failure. In …
Persistent link: https://www.econbiz.de/10014503038
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R&D partnerships and innovation performance : can there be too much of a good thing?
Hottenrott, Hanna; Lopes Bento, Cindy - 2014
R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance. Collaboration, however, involves transaction costs...
Persistent link: https://www.econbiz.de/10010383763
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The impact of brand use on innovation performance : empirical results for Germany
Crass, Dirk - 2014
The market launch of product innovations is the most visible output of a firm's investment in innovation activities. To achieve this objective most efficiently, firms strengthen their technological capabilities, acquire external knowledge in a number of different ways, and optimize their...
Persistent link: https://www.econbiz.de/10010458242
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Markets for technology in Europe : mapping demand and its drivers
Grimpe, Christoph; Sofka, Wolfgang; Schulz, Philipp; … - 2019
Functioning markets for technology are an important determinant for the type, scope and distribution of innovation activities in an economy. However, markets for technology are often underdeveloped or inefficient. Existing theory attributes such imperfections to the supply side or differences in...
Persistent link: https://www.econbiz.de/10012109765
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Bargaining failure and freedom to operate : re-evaluating the effect of patents on cumulative innovation
Gaessler, Fabian; Harhoff, Dietmar; Sorg, Stefan - 2019
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation that exploits personnel scarcity in post-grant...
Persistent link: https://www.econbiz.de/10012139072
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R&D partnerships and innovation performance : can there be too much of a good thing?
Hottenrott, Hanna; Lopes Bento, Cindy - 2014
R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance. Fewer studies addressed potential drawbacks of...
Persistent link: https://www.econbiz.de/10010440100
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Invention Value, Inventive Capability and the Large Firm Advantage
Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022
Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...
Persistent link: https://www.econbiz.de/10013362008
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Experimental choice and disruptive technologies
Gans, Joshua - 2021
This paper examines how a firm's choice of the type of experiment impacts on its potential exploitation of new technological opportunities. It does so in the context of the failure of successful firms (or disruption) where the literature has informally suggested that firms undertake errors in...
Persistent link: https://www.econbiz.de/10012886279
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The design of licensing contracts : chemicals, pharmaceuticals, and electrical engineering in imperial Germany
Burhop, Carsten; Lübbers, Thorsten - 2011
We investigate a sample of 180 technology licensing contracts closed by German chemical, pharmaceutical, and electrical … design of licensing contracts, whereas inventor moral hazard and risk aversion of licensor or licensee seem to be irrelevant … licensing contracts. More specifically, profit sharing agreements or producer milestones were typically included into licensing …
Persistent link: https://www.econbiz.de/10009238629
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Skill variety, innovation and new business formation
Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - 2014
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010230889