A cost-benefit analysis of R&D and patents: Firm-level evidence from China
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DOI: 10.1016/j.euroecorev.2020.103633
Abstract: Abstract We extend the empirical framework by Peters et al. (2017) to include both RD (2) On average an invention (a utility model) patent causes around 0.76 (0.66) percent increase in the firm value; (3) The… read more here.
Keywords: cost benefit; patents firm; analysis; firm level ... See more keywords