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Three essays on economics of R&D and...
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Kim, Beom Tai.
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Three essays on economics of R&D and patent.
Record Type:
Language materials, printed : Monograph/item
Title/Author:
Three essays on economics of R&D and patent./
Author:
Kim, Beom Tai.
Description:
117 p.
Notes:
Source: Dissertation Abstracts International, Volume: 72-09, Section: A, page: 3426.
Contained By:
Dissertation Abstracts International72-09A.
Subject:
Economics, Commerce-Business. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3461922
ISBN:
9781124763590
Three essays on economics of R&D and patent.
Kim, Beom Tai.
Three essays on economics of R&D and patent.
- 117 p.
Source: Dissertation Abstracts International, Volume: 72-09, Section: A, page: 3426.
Thesis (Ph.D.)--State University of New York at Binghamton, 2011.
This dissertation investigates patenting activity among the R&D intensive firms in the US. Patent product is the output of R&D investment and the input of increasing market value. In the first chapter several things will be accomplished. First we will examine the determinants of R&D expenditures. Then we will find the relationship between the number of patents, R&D activity, and knowledge stock. We will also examine how market share and knowledge stock affect market value. The findings are twofold; we found that one period-lagged financial strength and market shares are significantly related to R&D investment. The problem with patenting behavior studies in the past is that patents are not the same in value of research output and their effects on company profits are different. This problem is solved in the second chapter, where we make a new "adjuster", which is value of patents. The results of our estimation using value adjusted patents production function are significantly different than the number of patent production function using the Poisson-based econometric specification model. We adopted this value-adjusted patent data to find patenting efficiency employing Stochastic Frontier Analysis. We also applied value-adjusted patent data to Patent Growth Rate Distribution and estimated the degree of fatness of the distribution, kurtosis, in the third chapter. The results show that the value adjusted patent approach is useful to investigate patenting activity and R&D investment.
ISBN: 9781124763590Subjects--Topical Terms:
626649
Economics, Commerce-Business.
Three essays on economics of R&D and patent.
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117 p.
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Source: Dissertation Abstracts International, Volume: 72-09, Section: A, page: 3426.
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Adviser: BONG JOON YOON.
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Thesis (Ph.D.)--State University of New York at Binghamton, 2011.
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This dissertation investigates patenting activity among the R&D intensive firms in the US. Patent product is the output of R&D investment and the input of increasing market value. In the first chapter several things will be accomplished. First we will examine the determinants of R&D expenditures. Then we will find the relationship between the number of patents, R&D activity, and knowledge stock. We will also examine how market share and knowledge stock affect market value. The findings are twofold; we found that one period-lagged financial strength and market shares are significantly related to R&D investment. The problem with patenting behavior studies in the past is that patents are not the same in value of research output and their effects on company profits are different. This problem is solved in the second chapter, where we make a new "adjuster", which is value of patents. The results of our estimation using value adjusted patents production function are significantly different than the number of patent production function using the Poisson-based econometric specification model. We adopted this value-adjusted patent data to find patenting efficiency employing Stochastic Frontier Analysis. We also applied value-adjusted patent data to Patent Growth Rate Distribution and estimated the degree of fatness of the distribution, kurtosis, in the third chapter. The results show that the value adjusted patent approach is useful to investigate patenting activity and R&D investment.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3461922
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