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The size distribution of profits from innovation

Author

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  • Scherer, Frederic Michael

Abstract

The research reported in this paper seeks to determine how skewed the distribution of profits from technological innovation is

Suggested Citation

  • Scherer, Frederic Michael, 1996. "The size distribution of profits from innovation," ZEW Discussion Papers 96-13, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:9613
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    File URL: https://www.econstor.eu/bitstream/10419/29444/1/257751262.pdf
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    Citations

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    Cited by:

    1. Jean O. Lanjouw & Ariel Pakes & Jonathan Putnam, 1998. "How to Count Patents and Value Intellectual Property: The Uses of Patent Renewal and Application Data," Journal of Industrial Economics, Wiley Blackwell, vol. 46(4), pages 405-432, December.
    2. James Heckman, 2010. "Contributions of Zvi Griliches," NBER Chapters, in: Contributions in Memory of Zvi Griliches, pages 5-22, National Bureau of Economic Research, Inc.
    3. Thomas Ã…stebro, 1998. "Basic Statistics on the Success Rate and Profits for Independent Inventors," Entrepreneurship Theory and Practice, , vol. 23(2), pages 41-48, December.
    4. Richard Jensen & Marie Thursby, 1998. "Proofs and Prototypes for Sale: The Tale of University Licensing," NBER Working Papers 6698, National Bureau of Economic Research, Inc.
    5. Marie Thursby & Richard Jensen, 2001. "Proofs and Prototypes for Sale: The Licensing of University Inventions," American Economic Review, American Economic Association, vol. 91(1), pages 240-259, March.

    More about this item

    Keywords

    i.e.; whether it conforms most closely to the Paretian; log normal; or some other distribution. The question is important; because high skewness makes it difficult to pursue risk-hedging portfolio strategies. This paper examines data from several sources;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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