The size distribution of profits from innovation
AbstractThe research reported in this paper seeks to determine how skewed the distribution of profits from technological innovation is --
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Bibliographic InfoPaper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 96-13.
Date of creation: 1996
Date of revision:
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;
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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- 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.
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