A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...

A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...

The return that inventors appropriate from their inventions forms a key incentive and remuneration mechanism for innovation. We utilize data on U.S. patents and their inventors linked to Finnish employer-employee data to estimate the effect of patenting on earnings. Inventors get a temporary 3%...

Finpro is an expert service organization, partly financed from public funds, providing services for internationalization - market information, consulting and advice, business development, and other related services. It is one of the largest organizations in the Finnish innovation and business...