In the past years Chinese firms increased their spending on R&D substantially and worked on achieving a higher quality level of R&D. We analyze whether different R&D activities show a positive influence on total factor productivity (TFP) for firms of different ownership types and across two time...

Transaction costs and contracting problems associated with proliferation of patents may have a negative impact on innovation. We present novel data on the frequency with which innovative German firms encounter problems with access to intellectual property (IP) for innovation. While only a small...

China recently surpassed the USA as the greatest global source of patent applications. However, without internationally comparable measures of patent quality it remains questionable whether China's patent expansion constitutes the rise of a new technological superpower. Our novel quality index...

We examine the relationship between fragmented intellectual property (IP) rights and the innovative performance of firms, taking into consideration the role played by in-licensing of IP. We find that firms facing more fragmented IP landscapes have a higher probability of in-licensing. We observe...

Cluster initiatives are a common means to establish and foster positive externalities in regions. In such initiatives, cluster managers provide several supportive goods and services, which can have the characteristics of public, club or private goods. Which portfolio of goods and services is...

Considering China's policy-driven patent expansion, we validate domestic citations in comparison to foreign ones, which are exogenous to China's policy, as economic indicators. We derive internationally comparable citation data from international search reports. Whereas foreign citations show...

We analyze the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-sized private enterprises which constitute an important part of the German economy. We use a...

We examine the relationship between fragmented intellectual property (IP) rights and the innovative performance of firms, taking into consideration the role played by in-licensing of IP. We find that firms facing more fragmented IP landscapes have a higher probability of in-licensing. For firms...