G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7744
DP7744 Returns to Inventors
Otto Toivanen; Lotta Väänänen
发表日期2010-03-14
出版年2010
语种英语
摘要A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are heterogeneous: Inventors get a temporary reward of 3% of annual earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar medium-term premia accrue to inventors who initially hold the patent rights, although they forego earnings at the time of the grant.
主题Industrial Organization
关键词Citations Effort Incentives Intellectual property Inventors Patents Performance pay Return Wages
URLhttps://cepr.org/publications/dp7744
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536580
推荐引用方式
GB/T 7714
Otto Toivanen,Lotta Väänänen. DP7744 Returns to Inventors. 2010.
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