Using patent data from the European Patent Office combined with firm-level data, we evaluate the contribution of science linkages to the innovation performance of a firm at the patent level. We examine the effect of (i) firm-level linkages to science (firms active in publication and...

While innovation is argued to create value, private incentives of fi rms to innovate are driven by what part of the value created rms can appropriate. In this paper we explore the relation between innovation and the markups a fi rm is able to extract after innovating. We estimate fi rm-speci c...

This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which rate incoming spillovers more importantly and who can limit outgoing spillovers by a more effective...