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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28533 |
来源ID | Working Paper 28533 |
First-mover Advantage and the Private Value of Public Science | |
Ashish Arora; Sharon Belenzon; Bernardo Dionisi | |
发表日期 | 2021-03-08 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Technical progress increasingly relies on the use of scientific knowledge. But if much of this knowledge is in the public domain, can it be a source of private value? We find that average private returns to using public science are small, especially in crowded technical fields, consistent with the view that the expected profit from an input that others can easily access is low. However, private value is higher when a firm is the first to use science, partly because it can secure broader patents relative to later users. Finally, corporate participation in scientific research is a strong predictor of first use, especially of relevant science. This is consistent with the view that participation in science raises familiarity with relevant scientific advances. |
主题 | Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w28533 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586206 |
推荐引用方式 GB/T 7714 | Ashish Arora,Sharon Belenzon,Bernardo Dionisi. First-mover Advantage and the Private Value of Public Science. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28533.pdf(474KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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