The "market for innovation" - the sale and licensing of patents - is an often discussed source of incentives to invest …, allows us to quantify the gains resulting from the transfer of patents in the market for innovation. The gains from trade … measure the benefits of reallocating the ownership of a patent from the original inventor to a new owner for whom the patent …

-level information on mergers, production, and innovation in the dynamic random access memory semiconductor market from 1985 to 2004. Our …

We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …

variables the motives for innovation expenditures are also taken into account. We differentiate between firms which intend to …

challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …

market than the incumbents, making the patent racing model by Reinganum and others seem more accurate than the auction model …

challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …

This paper merges patent citation data with data on pharmaceutical patent expirations, generic entry, and pricing to … explore the effects of observable patent characteristics on off-patent and on-patent pharmaceutical pricing. Using a sample of … generic entry. Importantly, I find that the number of patent citations that a drug receives from other firms is correlated …