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...
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| Main Authors: | , , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Geneva, Switzerland :
World Intellectual Property Organization,
2023.
|
| Series: | Economic research working paper (World Intellectual Property Organization) ;
No. 73. |
| Subjects: | |
| Online Access: | EBSCOhost |
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| 100 | 1 | |a Battisti, Michele, |e author. | |
| 245 | 1 | 0 | |a COVID-19, innovative firms and resilience / |c Michele Battisti, Filippo Belloc, Massimo Del Gatto. |
| 264 | 1 | |a Geneva, Switzerland : |b World Intellectual Property Organization, |c 2023. | |
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| 490 | 1 | |a Economic research working paper ; |v No. 73. | |
| 520 | |a 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. | ||
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| 650 | 0 | |a COVID-19 (Disease) | |
| 700 | 1 | |a Belloc, Filippo, |e author. | |
| 700 | 1 | |a Del Gatto, Massimo, |e author. | |
| 830 | 0 | |a Economic research working paper (World Intellectual Property Organization) ; |v No. 73. | |
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