| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30354 |
| 来源ID | Working Paper 30354 |
| Invention Value, Inventive Capability and the Large Firm Advantage | |
| Ashish Arora; Wesley M. Cohen; Honggi Lee; Divya Sebastian | |
| 发表日期 | 2022-08-15 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that discriminates between the two explanations. Using a sample of 2,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises with size, average invention quality declines, suggesting, per our model, that the large firm advantage is not due to superior inventive capability, but due to the superior ability to extract value. We provide evidence suggesting that this superior ability to extract value is due to greater commercialization capabilities of larger firms. |
| 主题 | Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w30354 |
| 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/588027 |
| 推荐引用方式 GB/T 7714 | Ashish Arora,Wesley M. Cohen,Honggi Lee,et al. Invention Value, Inventive Capability and the Large Firm Advantage. 2022. |
| 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 | ||
| w30354.pdf（627KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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