COVID-19, innovative firms and resilience /

This paper explores the empirical association between patents and various indicators of firm resilience during the COVID-19 pandemic with worldwide firm-level data from manufacturing industries. The study shows that patent-intensive firms have a reduced probability of exit, in particular if they are...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Battisti, Michele (مؤلف), Belloc, Filippo (مؤلف), Del Gatto, Massimo (مؤلف)
التنسيق: الكتروني كتاب الكتروني
اللغة:الإنجليزية
منشور في: Geneva, Switzerland : World Intellectual Property Organization, 2023.
سلاسل:Economic research working paper (World Intellectual Property Organization) ; No. 73.
الموضوعات:
الوصول للمادة أونلاين:EBSCOhost
الوسوم: إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
الوصف
الملخص:This paper explores the empirical association between patents and various indicators of firm resilience during the COVID-19 pandemic with worldwide firm-level data from manufacturing industries. The study shows that patent-intensive firms have a reduced probability of exit, in particular if they are larger and if engaging with complementary investments in R&D and other intangibles. Additional estimates show that firm productivity has been an important transmission channel. Taken together, the results presented in the paper offer evidence-based findings pointing to patents as an important potential factor contributing to firm resilience during the COVID-19 pandemic. Policy insights are discussed.
وصف مادي:1 online resource.
وصول:Open Access