Due to the recent drop in oil prices, there is a strong interest in the influence of the shale revolution on the global supply and demand of hydrocarbon fuels. Consequently, the attention of many economists and industry analysts is drawn to the technological, institutional and regulatory aspects...

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...

This paper examines the phenomenon of international R%D collaboration in the form of cross-national patenting. Using a unique dataset on patents from the USPTO for a maximum of 125 countries over the period 1975-2005, we show that, despite the potential for technological advancement arising from...