The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact

By Ashish Arora, Wesley M. Cohen, John P. Walsh. 2016

180 citations recorded by the source corpus.

Recent accounts suggest the development and commercialization of invention has become more “open.” Greater division of labor between inventors and innovators can enhance social welfare through gains from trade and economies of specialization. Moreover, this extensive reliance upon outside sources for invention also suggests that understanding the factors that condition the extramural supply of inventions to innovators is crucial to understanding the determinants of the rate and direction of innovative activity.

Subfields: Economics and Econometrics, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/4697cc7f6ec1c62dd16d1b0a07e8f85aa422bcad

Citations in the corpus

• The paradox of openness revisited: Collaborative innovation and patenting by UK innovators (2016, unknown): “3 There is an older and even more extensive literature on the importance of patents for selling or licensing technology (Arrow, 1962; Arora et al., 2001; Gans et al., 2008). See also Arora and Gambardella (2010) for a survey of the literature.”