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Knowledge Flow and Sequential Innovation: Implications for Technology Diffusion, R&D and Market Value

Belenzon, Sharon - Centre for Economic Performance, LSE - 2006

It is shown that spillovers can enhance private returns to innovation if they feed back into the dynamic research of …" knowledge is reabsorbed by its inventor. A simple model of sequential innovation with dynamic spillovers is developed, which …

Persistent link: https://www.econbiz.de/10005670550

Strategic Patenting and Software Innovation

Noel, Michael; Schankerman, Mark - Centre for Economic Performance, LSE - 2006

cumulative innovation. This paper studies the effects of strategic patenting on R&D, patenting and market value in the computer … evidence that both strategic patenting and R&D spillovers strongly affect innovation and market value of software firms. …

Persistent link: https://www.econbiz.de/10005670634

Identifying Technology Spillovers and Product Market Rivalry

Bloom, Nicholas; Schankerman, Mark; Reenen, John Van - Centre for Economic Performance, LSE - 2005

The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers": a positive effect from technology (knowledge) spillovers and...

Persistent link: https://www.econbiz.de/10005670643