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It is generally claimed that universities provide the scientific basis for future technological progress. Still, empirical evidence of the impact of direct links between universities and firms remains weak and is often at least inconsistent. This paper aims at contributing to the literature by...
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political benefits. We argue that firms, especially large ones, can strategically time their innovation efforts to create false …, by pushing out their dormant or late-stage existing inventions, rather than engaging in genuine and costly innovation …
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