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Real Effects of Academic Research
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In this article, the existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research.Abstract:
The existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research. A significant effect of university research on corporate patents is found, particularly in the areas of drugs and medical technology, and electronics, optics, and nuclear technology. In addition, university research appears to have an indirect effect on local innovation by inducing industrial R&D spending. Copyright 1989 by American Economic Association.read more
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Proximity and Innovation through an 'Accessibility to Knowledge' Lens
Nadine Massard,Caroline Mehier +1 more
TL;DR: In this paper, the authors focus on the relational and strategic dimensions of proximity by using some developments from social networks analysis, which leads to new empirical models for estimating the determinants of accessibility to knowledge.
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Small business innovation: firm level evidence from Sweden
TL;DR: In this paper, the authors examined innovation among very small firms and provided new insights into both internal and external determinants of patenting, and found that small firms' innovation is closely linked to their participation in international trade and exports to the G7-countries.
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Agglomeration and spillovers in a simultaneous framework
TL;DR: In this article, a simultaneous equation model of agglomeration and knowledge spillovers is proposed, and the results suggest that traditional single equation models do indeed suffer endogeneity and that the accuracy of the estimation can be substantially improved by employing a simultaneous system.
The empirical performance of a new inter-industry technology spillover measure
TL;DR: In this paper, a new, easy to construct measure of inter-industry knowledge spillovers was proposed, which could be used as an alternative to the existing more sophisticated but rather inflexible (especially with respect to the number of industries that can be distinguished) methods already in use.
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The economics of science
TL;DR: The authors reviewed what economists have learned about the behavior of scientists and the reward structure of science and used this knowledge to help policy-makers create a reward structure that is more efficient in the future.
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Patent Statistics as Economic Indicators: A Survey
TL;DR: In this paper, the authors present a survey on the use of patent data in economic analysis, focusing on the patent data as an indicator of technological change and concluding that patent data remain a unique resource for the study of technical change.
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Patent Statistics as Economic Indicators: A Survey
TL;DR: In this paper, the authors present a survey on the use of patent data in economic analysis, focusing on the patent data as an indicator of technological change and concluding that patent data remain a unique resource for the study of technical change.
Posted Content
Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value
TL;DR: In this article, the authors present evidence that firms' patents, profits and market value are systematically related to the technological position of firms' research programs, and that firms are seen to "move" in technology space in response to the pattern of contemporaneous profits at different positions.
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Econometric Models for Count Data with an Application to the Patents-R&D Relationship
TL;DR: This paper developed and adapted statistical models of counts (nonnegative integers) in the context of panel data and used them to analyze the relationship between patents and R&D expenditures. But their model is not suitable for the analysis of large-scale data sets.
ReportDOI
Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits, and Market Value
TL;DR: In this article, the effects of exogenous variations in the state of technology (technological opportunity) and of the R&D of other firms (spillovers of r&D) on the productivity of firms' R&Ds were quantified.