Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation … transformation than non-HCs firms. To test this hypothesis, I use data from the Mannheim Innovation Panel. This allows me to identify …

We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …

product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher …

Functioning markets for technology are an important determinant for the type, scope and distribution of innovation … sectoral pattern of innovation and the distance of a country's industry to the global technological frontier. We explore these … dimensions based on longitudinal industry-level data from the Community Innovation Survey. We find that the demand on markets for …

Process innovation is an important part of firms’ innovation activities and supposed to significantly contribute to … positive returns from innovation. Measuring process innovation output at the firm level is still in its infancy, however. This … paper reports empirical evidence on measures of process innovation output that have been collected in the German part of the …

We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation …. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large …

Public procurement accounts for 15 to 20 percent of global GDP and is considered an effective innovation policy …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …