Showing 1 - 10 of 19
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...
Persistent link: https://www.econbiz.de/10013228393
innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10012710126
innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate … the complementary role of the two protection methods. We identify protection strategies for single innovation firms and … for the same innovation or for different innovations. Employing firm panel data from Germany, we find fairly few …
Persistent link: https://www.econbiz.de/10012982318
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
Persistent link: https://www.econbiz.de/10014215973
Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and organizational constraints related to the M&A event contribute to inventive output...
Persistent link: https://www.econbiz.de/10014095755
. While the individual effects of engaging in the listed practices on firm innovation are well-understood, the existing … sample of innovation-active firms from the German Community Innovation Survey, which includes information on the development … of standards, enhanced with information on firms' engagement in patenting and publishing. We find that 26% of innovation …
Persistent link: https://www.econbiz.de/10014081409
Usually patent data does not contain any unique identifiers for the patenting assignees or the inventors, as the main tasks of patent authorities is the examination of applications and the administration of the patent documents as public contracts and not the support of the empirical analysis of...
Persistent link: https://www.econbiz.de/10012960104
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions and the certification effect of patents which...
Persistent link: https://www.econbiz.de/10012938219
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical … investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold … ownership fragmentation on investments related to innovation for firms with small patent portfolios. Hold-up threats are …
Persistent link: https://www.econbiz.de/10014172191
, but only for firms that engage in in-licensing and only for product innovation. The relationship between fragmentation and …
Persistent link: https://www.econbiz.de/10014046902