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This paper studies the interplay between two defining features of technology-based firms: licensing as a commercialization strategy and the reliance on equity financing. Within the context of an IPO, we argue that the technology commercialization strategy ...
In 1791, the Loi relative aux découvertes utiles instituted a new patent system in France. Because patents were seen as the expression of the natural right of inventors, prior examination was abolished. However, only a few years after the law was passed, a ...
The geography of duplicated inventions: evidence from patent citations. Regional Studies. Innovators often claim inventions that turn out to duplicate, at least in part, existing ones. This paper advances the claim that for recent and upcoming inventions, ...
Looking back at the history of concrete houses around 1900, we can discover how reinforced concrete, initially tied to construction systems of renowned inventors (and other less known), is gradually becoming autonomous and a material on its own, highlighte ...
Understanding the biological underpinnings of movement and action requires the development of tools for quantitative measurements of animal behavior. Drosophila melanogaster provides an ideal model for developing such tools: the fly has unparalleled geneti ...
Abstract In addition to internal R&D, external knowledge is widely considered as an essential lever for innovative performance. This paper analyzes knowledge spillovers in supply chain networks. Specifically, we investigate how supplier innovation is impac ...
Evidence suggests that patents facilitate technology transactions but the reasons for the effect are unclear. Patents may assist trade in technology by either: (i) protecting buyers against the expropriation of the idea (the 'appropriation effect'); or (ii ...
In 1791, one year after the first US Patent Act, the French ‘Loi relative aux découvertes utiles’ sought to revolutionize the Ancien Régime’s privileges of invention, turning them into new patents or ‘brevets d’invention’. Not only did the law recast ci-de ...
We have constructed a fitness parameter, characterizing the intrinsic attractiveness for patents to be cited, from attributes of the associated inventions known at the time a patent is granted. This exogenously obtained fitness is shown to determine the te ...
The last 2 decades have witnessed a dramatic increase in the use of patent citation data in social science research. Facilitated by digitization of the patent data and increasing computing power, a community of practice has grown up that has developed meth ...