How many patents does it take to signal innovation quality?
نویسندگان
چکیده
منابع مشابه
How many patents does it take to signal innovation quality?
In this paper, we offer a novel explanation to the surge in patenting observed during the last few years. When PTOs (Patent and Trademark Offices) award bad patents, not only do “false innovators” have the incentive to file applications but also, and more interestingly, “true innovators” are forced to patent more intensively in an attempt to signal their type. However, if they are liquidity con...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 2015
ISSN: 0167-7187
DOI: 10.1016/j.ijindorg.2015.08.004