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Do firms face a trade-off between the quantity and the quality of their inventions?

  • de Rassenfosse, Gaétan

This paper presents evidence that firms face a trade-off between the quantity and the quality of their research output. The econometric analysis uses survey data on patent applicants at the European Patent Office and addresses the identification problem caused by differences in firms’ propensity to patent. The existence of a trade-off emphasizes the need to take the quality of research output into account when assessing research productivity. It also raises questions about the optimal quantity–quality mix that firms should target.

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File URL: http://www.sciencedirect.com/science/article/pii/S0048733313000437
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Article provided by Elsevier in its journal Research Policy.

Volume (Year): 42 (2013)
Issue (Month): 5 ()
Pages: 1072-1079

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Handle: RePEc:eee:respol:v:42:y:2013:i:5:p:1072-1079
DOI: 10.1016/j.respol.2013.02.005
Contact details of provider: Web page: http://www.elsevier.com/locate/respol

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  1. Gourieroux Christian & Monfort Alain & Trognon A, 1982. "Pseudo maximum lilelihood methods : applications to poisson models," CEPREMAP Working Papers (Couverture Orange) 8203, CEPREMAP.
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  25. Ernst, Holger, 1998. "Industrial research as a source of important patents," Research Policy, Elsevier, vol. 27(1), pages 1-15, May.
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