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Running to Stand Still? - Intellectual Property and Value Added in Innovating Firms.

Abstract:

We construct a unique panel dataset to examine how R&D; and intellectual property (IP), via patents and trade marks, increase firm productivity. Knowledge has public good characteristics of non-depletability and non-excludability. Even with IP, imitation and inventing around other firm's products is possible, so we examine the size and duration of benefits to IP protection. If non-depletion is correct, this implies that absolute R&D;, or total IP assets are important. We examine this ...

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Volume:
134
Series:
Discussion paper series
Publication date:
2002-01-01
URN:
uuid:6c76ffec-4c68-4210-b9b8-791037faa6f6
Local pid:
ora:1171
Language:
English

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