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in the economics of innovation, we employ patents as a proxy for innovations and patent citations as a measure of … innovation process, that make patents an important means for appropriating returns from R&D. All in all, the analysis provides …
Persistent link: https://www.econbiz.de/10011265771
in the economics of innovation, we employ patents as a proxy for innovations and patent citations as a measure of … innovation process, that make patents an important means for appropriating returns from R&D. All in all, the analysis provides …
Persistent link: https://www.econbiz.de/10005245144
The relationship between the size and the variance of firm growth rates is known to follow an approximate power-law behavior σ(S) similar to S^-β(S) where S is the firm size and β(S) almost equal to 0.2 is an exponent weakly dependent on S. Here we show how a model of proportional growth...
Persistent link: https://www.econbiz.de/10005061426
The prominent role played by patents within the pharmaceutical domain is unquestionable. In this paper we take an unusual perspective and focus on a relatively neglected implication of patents: the effect of patent-induced information disclosure (of both successes and failures) on the dynamics...
Persistent link: https://www.econbiz.de/10005036133
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The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
Persistent link: https://www.econbiz.de/10003848872
We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …
Persistent link: https://www.econbiz.de/10010260048
Persistent link: https://www.econbiz.de/10011435879