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This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...
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We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
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Obtaining indicators on innovation activities of firms has been a challenge in economic research for a long time. The … throughputs in the innovation process. Output measurement of innovation has strongly been relying on survey data such as the … Community Innovation Survey (CIS), but suffers from several short-comings typical to sample surveys, including incomplete …
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