The size distribution of profits from innovation
Frederic Michael Scherer
No 96-13, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research
Abstract:
The research reported in this paper seeks to determine how skewed the distribution of profits from technological innovation is
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 (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:9613
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