Literature on how regional integration within a country affects corporate innovation is limited. This study proposes a dynamic mechanism for integration of the Yangtze River Delta (YRD) to promote corporate innovation based on the peer effect among enterprises. It constructs a panel regression...

We investigate the endogenous pool formation of three patents and the associated welfare effect in a framework à la Lerner and Tirole (2004), by using the notion of equilibrium binding agreements (Ray and Vohra 1997). We show that, when three-patent combination is synergistic, the complete pool...