Although patent systems have been widely used both historically and internationally, there is
nonetheless a tremendous amount of controversy over whether patent systems, in practice …

Technological innovation is critical to a country's economic development and a firm's long-
term success. This article reviews the recent literature that links institutions and innovation …

Many countries, including China, have gradually realized the importance of leading
innovation capabilities in the world market. The innovation capabilities of the information …

Using data on 800,000 corporate publications and patent citations to these publications
between 1980 and 2015, we study how corporate investment in research is linked to its use …

Corporate innovation is an increasingly important topic that has attracted great attention from
academic researchers in financial economics in recent years. Although the top three finance …

Technological progress builds upon itself, with the expansion of invention in one domain
propelling future work in linked fields. Our analysis uses 1.8 million US patents and their …

We investigate whether patents on human genes have affected follow-on scientific research
and product development. Using administrative data on successful and unsuccessful patent …

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly
with overlapping ownership. We show that overlapping ownership leads to internalization of …

We provide evidence on the value of patents to startups by leveraging the quasi‐random
assignment of applications to examiners with different propensities to grant patents. Using …

We investigate the effect of patent disclosures on corporate innovation. Using the American
Inventor's Protection Act (AIPA) as a shock that increased patent disclosures, we find an …