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complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation. …
Persistent link: https://www.econbiz.de/10005666527
We examine the 'home bias' of international knowledge spillovers as measured by the speed of patent citations (i.e. knowledge spreads slowly over international boundaries). We present the first compelling econometric evidence that the geographical localization of knowledge spillovers has fallen...
Persistent link: https://www.econbiz.de/10005666550
This Paper examines which firms from a heterogeneous pool are more likely to join together and form a research joint venture (RJV). It differs from previous contributions as it introduces a set of realistic hypothesis on the characteristics of research co-operation and information sharing....
Persistent link: https://www.econbiz.de/10005666851
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...
Persistent link: https://www.econbiz.de/10005667018