nep-ino New Economics Papers
on Innovation
Issue of 2014‒12‒08
24 papers chosen by
Steffen Lippert
University of Auckland

  1. “Does absorptive capacity determine collaborative research returns to innovation? A geographical dimension” By Erika Raquel Badillo; Rosina Moreno
  2. Appropriability Mechanisms, Innovation and Productivity: Evidence from the UK By Bronwyn H. Hall; Vania Sena
  3. Taxation and incentives to innovate: a principal-agent approach By Diego d'Andria
  4. Does too much work hamper innovation? Evidence for diminishing returns of work hours for patent grants By Celbis M.G.; Turkeli S.
  5. Immigration, International Collaboration, and Innovation: Science and Technology Policy in the Global Economy By Richard B. Freeman
  6. The Cost of Knowledge By Antonelli, Cristiano; Colombelli, Alessandra
  7. Global innovation strategies of German hidden champions in key emerging markets By Buse, Stephan; Tiwari, Rajnish
  8. Foreign and Native-Born STEM Graduates and Innovation Intensity in the United States By Winters, John V.
  9. Young Firms and R&D subsidies in Catalonia By Segarra Blasco, Agustí, 1958-; Teruel, Mercedes
  10. Innovation in creative cities: Evidence from British small firms By Neil Lee; Andrés Rodríguez-Pose
  11. European Innovation Dynamics and US Economic Impact: Theory and Empirical Analysis By Welfens, Paul J. J.; Irawan, Tony
  12. Starving (or Fattening) the Golden Goose?: Generic Entry and the Incentives for Early-Stage Pharmaceutical Innovation By Lee Branstetter; Chirantan Chatterjee; Matthew J. Higgins
  13. Allocation of human capital and innovation at the frontier: Firm-level evidence on Germany and the Netherlands By Bartelsmann, Eric; Dobbelaere, Sabien; Peters, Bettina
  14. Working Paper 08-14 - Public support for R&D and the educational mix of R&D employees By André Spithoven, Belgian Science Policy Office and Ghent University; Michel Dumont; Peter Teirlinck, Belgian Science Policy Office and KU Leuven
  15. A territorial approach to R&D subsidies: Empirical evidence for Catalonian firms By Segarra Blasco, Agustí, 1958-; Teruel, Mercedes; Bové Sans, Miquel Àngel
  16. An event-based analysis of Huawei's strategic path and style By Zhang, Jian; Vialle, Pierre
  17. Disassembly and reassembly on digital technology and creative industries By Vincent Mangematin; Jonathan Sapsed; Elke Schüßler
  18. Innovation and export in SMEs: the role of relationship banking By Serena Frazzoni; Maria Luisa Mancusi; Zeno Rotondi; Maurizio Sobrero; Andrea Vezzulli
  19. Optimal Licensing for Public Intellectual Property: Theory and Application to Plant Variety Patents By Alston, Julian; Plakias, Zoe T.
  20. Growth, Trade, and Inequality By Gene M. Grossman; Elhanan Helpman
  21. Framing the scope of value in exploratory projects: An expansive value management model By Thomas Gillier; Sophie Hooge; Gérald Piat
  22. How IoT, AAI can contribute to smart home and smart cities services: The role of innovation By Skouby, Knud Erik; Lynggaard, Per; Windekilde, Iwona; Henten, Anders
  23. Knowledge characteristics and the dynamics of technological alliances in Pharmaceuticals: Empirical evidence from Europe, US and Japan By Jackie Krafft; Francesco Quatraro; Pier-Paolo Saviotti
  24. Corporate Innovation a Missing Success Factor of Rural Development – Lessons Learned from the Past Decade By Katonane, Judit Kovacs; Botane, Noemi Horvath

  1. By: Erika Raquel Badillo (Department of Econometrics. University of Barcelona); Rosina Moreno (Department of Econometrics. University of Barcelona)
    Abstract: This paper aims to estimate the impact of research collaboration with partners in different geographical areas on innovative performance. By using the Spanish Technological Innovation Panel, this study provides evidence that the benefits of research collaboration differ across different dimensions of the geography. We find that the impact of extra-European cooperation on innovation performance is larger than that of national and European cooperation, indicating that firms tend to benefit more from interaction with international partners as a way to access new technologies or specialized and novel knowledge that they are unable to find locally. We also find evidence of the positive role played by absorptive capacity, concluding that it implies a higher premium on the innovation returns to cooperation in the international case and mainly in the European one.
    Keywords: Innovation cooperation; Technological partners; Geographical location; Performance; Absorptive Capacity; Spanish firms JEL classification: L25; O31; O33; R1
    Date: 2014–10
    URL: http://d.repec.org/n?u=RePEc:aqr:wpaper:201416&r=ino
  2. By: Bronwyn H. Hall; Vania Sena
    Abstract: We use an extended version of the well-established Crepon, Duguet and Mairesse model (1998) to model the relationship between appropriability mechanisms, innovation and firm-level productivity. We enrich this model in several ways. First, we consider different types of innovation spending and study the differences in estimates when innovation spending (rather than R&D spending) is used to predict innovation in the CDM model. Second, we assume that a firm simultaneously innovates and chooses among different appropriability methods (formal or informal) to protect the innovation. Finally, in the third stage, we estimate the impact of the innovation output conditional on the choice of appropriability mechanisms on firms' productivity. We find that firms that innovate and rate formal methods for the protection of Intellectual Property (IP) highly are more productive than other firms, but that the same does not hold in the case of informal methods for the protection of a firm's IP, except possibly for large firms as opposed to SMEs. We also find that this result is strongest for firms in the services, trade, and utility sectors, and negative in the manufacturing sector.
    JEL: L25 O30 O34
    Date: 2014–09
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:20514&r=ino
  3. By: Diego d'Andria (Friedrich Schiller University of Jena, DFG Research Training Group "The Economics of Innovative Change")
    Abstract: A principal-agent multitasking model is used to explore the effects of different tax schemes on innovation in a pure knowledge economy. Corporate taxes and labor income taxes can affect both the firm owner's and the employee's incentives to commit to innovative tasks, when the former compensates the latter (a manager, technical or R&D employee) by means of variable pay tied to measures of the company's success. Results point to a complementary role between "patent box" tax incentives and reductions in the tax rate levied on profit sharing schemes. This complementarity holds, albeit with different relative importance for the two tax incentives, also with non-deductible labor costs, with a stochastic innovation value coupled with a risk-averse agent, and with multiple principals competing for talented agents.
    Keywords: tax incentives for R&D, patent box, principal-agent models, multitasking models, profit sharing schemes, incentives to innovate
    JEL: H2 O31 J33
    Date: 2014–11–11
    URL: http://d.repec.org/n?u=RePEc:jrp:jrpwrp:2014-028&r=ino
  4. By: Celbis M.G.; Turkeli S. (UNU-MERIT)
    Abstract: This study suggests that individual time is an important factor that needs to be considered in innovation research. We define two types of time work time and free time. We find that work time has a positive but diminishing effect on innovative output such that after a certain point the innovation-enhancing role of work time is taken over by individual free time. Using a sample of OECD countries and Russia, we estimate a quadratic relationship between work time and per capita innovative output. For a hypothetical economy that has no other holidays but weekends, we estimate that individuals should not work more than about 6.6 hours a day for maximizing innovative output. We also present a categorization of countries based on their innovative output and work hours that may kindle interest for certain case-specific future research.
    Keywords: Labor Economics Policies; Time Allocation and Labor Supply; Technological Change; Research and Development; Intellectual Property Rights: General; Innovation and Invention: Processes and Incentives;
    JEL: O30 O31 J08 J22
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:unm:unumer:2014053&r=ino
  5. By: Richard B. Freeman
    Abstract: Globalization of scientific and technological knowledge has reduced the US share of world scientific activity; increased the foreign-born proportion of scientists and engineers in US universities and in the US labor market; and led to greater US scientific collaborations with other countries. China's massive investments in university education and R&D has in particular made it a special partner for the US in scientific work. These developments have substantial implications for US science and technology policy. This paper discusses several policies that U.S. policy makers might consider in responding to the changing global world of science and technology. These include aligning immigration policies more closely to the influx of international students; granting fellowships to students working on turning scientific and technological advances into commercial innovations; and requiring firms with R&D tax credits or other government R&D funding to develop "impact plans" to use their new knowledge to produce innovative products or processes.
    JEL: F22 I25 O15 O33
    Date: 2014–09
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:20521&r=ino
  6. By: Antonelli, Cristiano; Colombelli, Alessandra (University of Turin)
    Abstract: This paper contributes the economics of knowledge and innovation with the analysis of the knowledge cost function and sheds light on the determinants of the large variance in the cost of innovation across firms. The amount and the structure of external knowledge and the internal stocks of knowledge that firms can access and use in the generation of new technological knowledge help firms to reduce the costs of innovations. The empirical section is based upon a panel of companies listed on UK and the main continental Europe financial markets (Germany, France and Italy) for the period 1995 – 2006, for which information about patents have been gathered. The econometric analysis of the costs of knowledge considers the unit costs of patents on the right hand side, and on the left hand side next to R&D expenditures, the stock of knowledge internal and external to each firm. In order to articulate the different facets of the external knowledge that is made accessible by proximity with firms co-localized in the same region (NUTS2), we further include other variables proxying for regional variety, complementarity and similarity. The results confirm that the stock of internal knowledge and the access to external knowledge play a key role in reducing the actual cost of the generation of new technological knowledge at the firm level.
    Date: 2014–10
    URL: http://d.repec.org/n?u=RePEc:uto:dipeco:201427&r=ino
  7. By: Buse, Stephan; Tiwari, Rajnish
    Abstract: Aim of this study is to analyse product-related innovation strategies of German Hidden Champions (globally leading, mid-sized companies) in the BRIC countries, especially in the fast growing and still unsaturated markets of China and India. With the help of an empirical survey we discover that the BRIC markets are perceived to be of high and growing strategic importance. An overwhelming majority of the surveyed firms market their global, adapted, or exclusively developed products in those countries. The survey reveals that companies very often target high-end, premium segments with global products developed at the headquarters. With such a strong focus on affluent customers Hidden Champions run the risk of ignoring very large customers groups that seek affordable excellence in products (frugal innovation).
    Keywords: Global Innovation Management,Internationalization of R&D,Innovation Strategy,R&D-Strategy,Hidden Champions
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:zbw:tuhtim:85&r=ino
  8. By: Winters, John V. (Oklahoma State University)
    Abstract: This paper examines the effects of foreign- and native-born STEM graduates and non-STEM graduates on patent intensity in U.S. metropolitan areas. I find that both native and foreign-born STEM graduates significantly increase metropolitan area patent intensity, but college graduates in non-STEM fields have a smaller and statistically insignificant effect on patenting. These findings hold for both cross-sectional OLS and 2SLS regressions. I also use time-differenced 2SLS regressions to estimate the effects of STEM-driven increases in native and foreign college graduate shares and again find that both native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and provide considerable economic benefits to regions and nations.
    Keywords: STEM, innovation, patents, human capital, higher education
    JEL: I25 J24 J61 O31 R12
    Date: 2014–10
    URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp8575&r=ino
  9. By: Segarra Blasco, Agustí, 1958-; Teruel, Mercedes
    Abstract: Based on four different public R&D calls from the Catalan government, this article evaluates the propensity of entrants and young firms to apply for R&D public grants and, as compared to their counterparts, their capacity for obtaining subsides. This analysis is particularly relevant since entrants and young firms encounter greater market difficulties. Our sample contains 22,139 firms and corresponds to a merge of two databases: one from the Catalan agency responsible for promoting private innovation (ACC1Ó) and the other from the Mercantile Register. Merging these databases has two advantages. Firstly, participants and non-participants in the public R&D call (“InnoEmpresaâ€) are included and, secondly, it provides us with information at firm and project level. The period of observation is between 2006 and 2010, since some explanatory variables are lagged by one period. We apply a two-step methodology. Our results show that entrants and young firms show a lower propensity to apply for R&D subsidies and to obtain R&D public grants. Firm size, exports and participation in a previous call show a positive impact on the likelihood of applying, and firms located in the Barcelona metropolitan area have a greater propensity to apply. Additionally, project quality and R&D cooperative reports presented jointly with other partners have a positive impact on the likelihood of obtaining the R&D subsidy. Finally, firms that have previously obtained an R&D subsidy do not exhibit a greater propensity for obtaining subsequent grants. Keywords: R&D subsidies, entrants and young firms Classification JEL: L53, L25, O38
    Keywords: Subvencions, Empreses -- Creació, Política industrial, Empreses -- Dimensió -- Catalunya, Innovacions tecnològiques -- Política governamental, 332 - Economia regional i territorial. Economia del sòl i de la vivenda,
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:urv:wpaper:2072/242276&r=ino
  10. By: Neil Lee; Andrés Rodríguez-Pose
    Abstract: Creative cities are seen as important sites for the generation of new ideas, products and processes. Yet, beyond case studies of a few high-profile cities, there is little empirical evidence on the link between local creative industries concentration and innovation. This paper addresses this gap with an analysis of around 1,300 UK SMEs. The results suggest that firms in local economies with high shares of creative industries employment are significantly more likely to introduce entirely new products and processes than firms elsewhere, but not innovations which are simply new to the firm. This effect is not exclusive to creative industries firms and seems to be largely due to firms in medium sized, rather than large, cities. The results imply that creative cities may have functional specialisations in new content creation and so firms are more innovative in them.
    Keywords: Creativity, Creative Cities, Creative Industries, Cities, Innovation
    JEL: O31 O38 R1 R11 R58
    Date: 2014–11
    URL: http://d.repec.org/n?u=RePEc:egu:wpaper:1422&r=ino
  11. By: Welfens, Paul J. J. (University of Wuppertal); Irawan, Tony (University of Wuppertal)
    Abstract: The role of product innovations is growing in the world economy, and the EU and the US are key players here. The analysis presented herein explains product innovations in the EU25 for the period 2006-2012, namely through lagged R&D (relative to GDP), cumulated FDI inflows (relative to the host country capital stock) and cumulated FDI inflows (relative to the host country capital stock), joint internet intensity, broadband intensity and potential competition. For the first time we can offer a broad analysis of product innovation dynamics in Europe which should be the basis for not only better supply-side policy in EU countries and growth policy, respectively, but it also suggests a strong role for international digital communication in relation to product innovation dynamics. Moreover, the approach provides new important arguments in favor of the TTIP negotiations between the US and the EU and it suggests a broader analytical link between trade, FDI, innovation, employment and output growth.
    Keywords: innovation, foreign direct investment, TTIP negotiation
    JEL: F21 F15 O31
    Date: 2014–09
    URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp8507&r=ino
  12. By: Lee Branstetter; Chirantan Chatterjee; Matthew J. Higgins
    Abstract: Over the last decade, generic penetration in the U.S. pharmaceutical market has increased substantially, providing significant gains in consumer surplus. What impact has this rise in generic penetration had on the rate and direction of early stage pharmaceutical innovation? We explore this question using novel data sources and an empirical framework that models the flow of early-stage pharmaceutical innovations as a function of generic penetration, scientific opportunity, firm innovative capability, and additional controls. While the aggregate level of early-stage drug development activity has increased, our estimates suggest a sizable, robust, negative relationship between generic penetration and early-stage pharmaceutical research activity within therapeutic markets. A 10% increase in generic penetration is associated with a 7.9% decline in all early-stage innovations in the same therapeutic market. When we restrict our sample to first-in-class pharmaceutical innovations, we find that a 10% increase in generic penetration is associated with a 4.6% decline in early-stage innovations in the same market. Our estimated effects appear to vary across therapeutic classes in sensible ways, reflecting the differing degrees of substitution between generics and branded drugs in treating different diseases. Finally, we are able to document that with increasing generic penetration, firms in our sample are shifting their R&D activity to more biologic-based (large-molecule) products rather than chemical-based (small-molecule) products. We conclude by discussing the potential implications of our results for long-run welfare, policy, and innovation.
    JEL: D2 L5 L51 L65 M2
    Date: 2014–09
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:20532&r=ino
  13. By: Bartelsmann, Eric; Dobbelaere, Sabien; Peters, Bettina
    Abstract: This paper examines how productivity effects of human capital and innovation vary at different points of the conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14,586 enterprises in the Netherlands over the period 2000-2008, considering 5 manufacturing and services industries that differ in the level of technological intensity. Industries in the Netherlands are characterized by a larger average proportion of high-skilled employees and industries in Germany by a more unequal distribution of human capital intensity. In Germany, average innovation performance is higher in all industries, except for low-technology manufacturing, and in the Netherlands the innovation performance distributions are more dispersed. In both countries, we observe non-linearities in the productivity effects of investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to product innovation whereas for process innovation the most negative returns are observed in the best-performing enterprises of most industries. We find that in both countries the returns to human capital increase with proximity to the technological frontier in industries with a low level of technological intensity. Strikingly, a negative complementarity e¤ect between human capital and proximity to the technological frontier is observed in knowledge-intensive services, which is most pronounced for the Netherlands. Suggestive evidence suggests an interpretation of a winner-takes-all market in knowledge-intensive services.
    Keywords: Human capital,innovation,productivity,quantile regression
    JEL: C10 I20 O14 O30
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:zbw:zewdip:14064&r=ino
  14. By: André Spithoven, Belgian Science Policy Office and Ghent University; Michel Dumont; Peter Teirlinck, Belgian Science Policy Office and KU Leuven
    Abstract: In this paper we assess the impact of public support for R&D activities on the educational mix of R&D employees in private companies in Belgium, covering the period 2001-2009. Data on federal tax incentives in support of R&D activities are matched with R&D survey data to investigate changes in the share of R&D employees with a specific degree: PhDs; higher education (second stage and first stage respectively); and other qualifications. Estimations show that public support significantlyraises the share of researchers holding a PhD. There are indications that PhDs substitute for R&D employees with a lower degree. We also show that controlling for the changes in the educational mix of R&D personnel lowers the estimates of the impact of public support on the average wages of researchers.
    JEL: H32 O32 O38
    Date: 2014–10–30
    URL: http://d.repec.org/n?u=RePEc:fpb:wpaper:1408&r=ino
  15. By: Segarra Blasco, Agustí, 1958-; Teruel, Mercedes; Bové Sans, Miquel Àngel
    Abstract: Using a database of 2,263 responses to R&D public calls in Catalonia, during the period 2007–2010, this paper proceeds to analyse the potential interaction of the territorial and policy dimensions with the propensity to apply for, and be awarded, a public R&D subsidy. Controlling for characteristics at the firm and project level, we estimate models using a two-step procedure. In the first step, our results suggest that large firms which export and which belong to high-tech manufactures are more likely to participate in a public R&D call. Furthermore, both urban location and past experience of such calls have a positive effect. Our territorial proxy of information spillovers shows a positive sign, but this is only significant at intra-industry level. Membership of one of the sectors prioritized by the Catalan government, perhaps surprisingly, does not have a significant impact. In the second step, our results show that cooperative projects, SMEs or old firms shows a positive effect on the probability of obtaining a public subsidy. Finally, the cluster policy does not show a clear relationship with the public R&D call, suggesting that cluster policies and R&D subsidies follow different goals. Our results are in line with previous results in the literature, but they highlight the unequal territorial distribution of the firms which apply and the fact that policymakers should interlink the decision criteria for their public call with other policies. Keywords: Evaluation, R&D policies, territorial approach, clusters JEL Classifications: L53, L25, O38
    Keywords: Innovacions tecnològiques -- Política governamental, Sistemes productius locals, Política industrial, Empreses -- Dimensió -- Catalunya, 332 - Economia regional i territorial. Economia del sòl i de la vivenda,
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:urv:wpaper:2072/242275&r=ino
  16. By: Zhang, Jian; Vialle, Pierre
    Abstract: Founded in 1987 as a sales agent of PBX (private branch exchange), Huawei has become one of the world's leaders in the ICT Industry. It initially had little technological and management knowledge, but competed with the incumbents including Sino-foreign joint ventures (JVs), state-owned firms, and foreign vendors. In 2013, Huawei has become the world's largest telecom network infrastructure vendor. It operates business in more than 140 countries, and foreign markets represent two thirds of its revenue. It is one of a few vendors able to provide end-to-end telecommunications equipment and solutions. 44% of the 140,000 employees are R&D engineers, and 10% to 20% of its annual revenue is invested in R&D. In a recently published analysis of patents 'Patent Power 2012' by IEEE Spectrum, Huawei is the only Asian firm in the top 20 in communication/internet equipment category. As other Chinese firms, Huawei has benefitted from specific country factors, and in particular from the impact of policies. The Chinese public policy has skilfully used inter-organisational relationships and networks in order to develop a Chinese 'knowledge pool' with worldwide connections (Vialle 2007, 2009). the development of the University system, the close links between research centres and industry, the development of JVs, and focused research projects, have created a system which is not only able to acquire, produce and diffuse publicly available and rather codified knowledge, but also to convert tacit knowledge endogenously generated by industrial activity into a more codified form. One benefit for Chinese Telecom companies has been the large availability of relatively cheap qualified manpower.
    Keywords: Huawei,China,Telecommunications,catching-up,latecomer
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:zbw:itse14:101379&r=ino
  17. By: Vincent Mangematin (MTS - Management Technologique et Strategique - Grenoble École de Management (GEM)); Jonathan Sapsed (University of Brighton - University of Brighton); Elke Schüßler (Freie University Berlin - Freie University Berlin)
    Abstract: This paper analyses the dynamics of disassembly and reassembly unfolding in selected creative industries through the advent of digital technology. It argues that a full understanding of the much-observed organizational or sectoral lock-in effects on the one hand, and the possibilities for transformation and innovation on the other is only gained by analyzing jointly how institutional logics, business models and creative processes are affected by digital technology and how they interrelate in producing stability or change. These three dimensions provide a framework for reviewing the findings of the papers comprised in the Special Issue and for integrating their insights towards a research agenda. This introduction starts with a reflection on creative industries classification systems and related possibilities for generalization and discusses how digital technology acts as a driver for disassembly and reassembly. It concludes by highlighting three avenues for further research.
    Keywords: Digital technology; creative industries; innovation; business models; institutional change; institutional logics; creative processes
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-00946932&r=ino
  18. By: Serena Frazzoni; Maria Luisa Mancusi (Università Cattolica del Sacro Cuore; Dipartimento di Economia e Finanza, Università Cattolica del Sacro Cuore); Zeno Rotondi; Maurizio Sobrero; Andrea Vezzulli
    Abstract: This paper assesses the role of relationship lending in explaining simultaneously the innovation activity of Small and Medium Enterprises (SME), their probability to export (i.e. the extensive margin) and their share of exports on total sales conditional on exporting (i.e. the intensive margin). We adopt a measure of informational tightness based on the ratio of firm’s debt with its main bank to firm’s total assets. Our results show that the strength of the bank-firm relation has a positive impact on both SME’s probability to export and their export margins. This positive effect is only marginally mediated by the SME’s increased propensity to introduce product innovation. We further discuss the financial and non-financial channels through which the intensity of bank-firm relationship supports SMEs’ international activities.
    Keywords: margins of export, bank-firm relationships, innovation, localized knowledge spillovers
    JEL: F10 G20 G21 O30
    Date: 2014–11
    URL: http://d.repec.org/n?u=RePEc:ctc:serie1:def18&r=ino
  19. By: Alston, Julian; Plakias, Zoe T.
    Abstract: In the United States, public universities may choose to license a plant variety to a limited number of producers (an exclusive license) or to an unlimited number of producers (an open license). This choice has implications for the quantity and distribution of total benefits from the variety. Universities have traditionally released new apple varieties under open licenses, but several universities have now begun exploring or implementing exclusive licensing. In this paper, we consider the choice faced by a public university when licensing a plant variety patent, with a focus on apples. Our work differs from the majority of past studies on patent licensing because we allow licensees to determine the signal of product quality through a trademark and we consider welfare objectives for a public university that differ from simple maximization of patent income. In this context, we compare monopoly licensing and two oligopoly licensing scenarios. We then solve for the optimal choice of licensing fees for the university. Using numerical simulations, we find that consumer surplus and social welfare may be higher under exclusive licensing if consumers are relatively responsive to expenditure on the trademark but relatively insensitive to price. However, exclusive licenses may create distributional concerns among producers. Furthermore, different objective functions of the university can imply different optimal outcomes for both the number of licensees and the licensing fees. Although we focus on apples, this model and its results could apply in a variety of settings.
    Keywords: intellectual property, patents, trademarks, public research, plant breeding, plant varieties, Agricultural and Food Policy, Industrial Organization, Marketing, Research and Development/Tech Change/Emerging Technologies,
    Date: 2014–05
    URL: http://d.repec.org/n?u=RePEc:ags:aaea14:170649&r=ino
  20. By: Gene M. Grossman; Elhanan Helpman
    Abstract: We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated product and a random technology for producing it. Technologies differ in complexity and productivity, and technological sophistication is complementary to worker ability. We study the co-determination of growth and income inequality in both the closed and open economy, as well as the spillover effects of policy and conditions in one country to outcomes in others.
    JEL: D33 F12 F16 O41
    Date: 2014–09
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:20502&r=ino
  21. By: Thomas Gillier (MTS - Management Technologique et Strategique - Grenoble École de Management (GEM)); Sophie Hooge (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris); Gérald Piat (EDF R&D - EDF)
    Abstract: Organizations often launch exploration projects (EP) aiming at developing innovative products (or services) by the exploration of new technologies, users, ecosystems or business models. Because a fundamental purpose of any project is to create value, the approach of value management (or value engineering) has been largely adopted in the organizations to manage the projects. However, the fact to move beyond the existing markets and the established technologies imply great difficulties and uncertainties for managing creative projects. Indeed, because exploration projects precisely aim to invent products (or services) that do not exist before, the value to create is unknown at the start of such project. So, what does value management precisely mean in situation of exploration project? This research aims to clarify the nature, the beneficiaries, and the ways to manage the value in such situations. After reviewing the historical development of the two traditional approaches of value management in project management literature, we then show we show their inadequacies for managing exploratory situations. This article is based on a longitudinal of two case-studies into a collaborative management research conducted with a major French car manufacturer. The two case-studies are an inter-firm EP corresponding to the joint exploration of an innovative multimodal urban platform by the automotive firm and two other industrial partners and an intra-firm EP aiming at generating innovative projects for the development of the electric vehicles. We propose an expansive value management model (EVM) towards three main propositions: 1) evaluating and stimulating the creation of value with a constant comparison with the dominant designs - (2) sustaining the exploration by tuning the degree of undecidability - (3) stimulating the emergence of new ecosystems by the creation of new platforms projects. Finally, this research proposes key managerial principles for EP management and a set of indicators to monitor the exploration process (i.e. identifying design rules to break, managing two kind of design paths...) and the collective dimension (i.e. the beneficiaries...) of EP.
    Keywords: value management; exploration; radical innovation; exploratory projects; creativity; dominant design
    Date: 2013–04–19
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-00824354&r=ino
  22. By: Skouby, Knud Erik; Lynggaard, Per; Windekilde, Iwona; Henten, Anders
    Date: 2014
    URL: http://d.repec.org/n?u=RePEc:zbw:itse14:101421&r=ino
  23. By: Jackie Krafft (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - CNRS : UMR7321 - Université Nice Sophia Antipolis (UNS)); Francesco Quatraro (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - CNRS : UMR7321 - Université Nice Sophia Antipolis (UNS)); Pier-Paolo Saviotti (GAEL - Grenoble Applied Economic laboratory - Aucune)
    Abstract: The paper investigates the co-evolutionary patterns of the dynamics of technological alliances and of the structure of the knowledge base in the pharmaceutical sector. The main hypothesis under scrutiny is that technological alliances represent a key resource for firms in knowledge intensive sectors to cope with dramatic changes in the knowledge base, marked by the introduction of discontinuities opening up new technological trajectories. Using patent information and data on technological alliances drawn from the CATI-MERIT database, we compare the evidence concerning the so-called triad regions, i.e. United States, Europe and Japan. The empirical results support the existence of a life cycle in biotechnology affecting the pharmaceutical industry. Furthermore, the dynamics of alliances is found to depend on (i) the phase of the biotechnology life cycle, (ii) the strength of the region in biotechnology and (iii) the general features of the economic environment of the region.
    Date: 2014–03–18
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-01070561&r=ino
  24. By: Katonane, Judit Kovacs; Botane, Noemi Horvath
    Keywords: Community/Rural/Urban Development,
    Date: 2014–05–26
    URL: http://d.repec.org/n?u=RePEc:ags:eaa142:169796&r=ino

This nep-ino issue is ©2014 by Steffen Lippert. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at http://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.