Appropriability mechanisms, innovation and productivity: Evidence from the UK

Bronwyn Hall and Vania Sena ()
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Vania Sena: Essex Business School, University of Essex

No 2014-059, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: We use an extended version of the well-established Crepon, Duguet and Mairesse model (1998) to model the relationship between appropriability mechanisms, innovation and firm-level productivity. We enrich this model in several ways. First, we consider different types of innovation spending and study the differences in estimates when innovation spending (rather than R&D spending) is used to predict innovation in the CDM model. Second, we assume that a firm simultaneously innovates and chooses among different appropriability methods (formal or informal) to protect the innovation. Finally, in the third stage, we estimate the impact of the innovation output conditional on the choice of appropriability mechanisms on firm's productivity.

Keywords: productivity; innovation; intellectual property; appropriability; patents; CDM model (search for similar items in EconPapers)
JEL-codes: L25 O30 O34 (search for similar items in EconPapers)
Date: 2014-06-30
New Economics Papers: this item is included in nep-bec, nep-eff, nep-eur, nep-ino, nep-ipr, nep-pr~, nep-sbm and nep-tid
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Appropriability mechanisms, innovation, and productivity: evidence from the UK (2017)
Working Paper: Appropriability Mechanisms, Innovation and Productivity:Evidence from the UK (2015)
Working Paper: Appropriability Mechanisms, Innovation and Productivity: Evidence from the UK (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2014059

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