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Keyword: market value;
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Governments in several countries have sought to increase choice in public services. Proponents claim the value of such choice is both instrumental (it improves outcomes) and intrinsic (choice is valuable in itself). Yet ...Read more...
2 July 2020
Michael Noel and Mark Schankerman
Strategic patenting is widely believed to raise the costs of innovating, especially in industries characterised by cumulative innovation. This paper studies the effects of strategic patenting on R&D, patenting and market...Read more...
Nicholas Bloom, Mark Schankerman and John Van Reenen
Support for many R&D and technology policies relies on empirical evidence that R&D “spills over” between firms. But there are two countervailing R&D spillovers: positive effects from technology spillovers and negative ef...Read more...