TY  - BOOK
N2  - 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.
DO  - 10.34667/tind.47780
DO  - doi
AB  - 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.
T1  - COVID-19, Innovative Firms and Resilience :Economic Research Working Paper No. 73.
AU  - Battisti, Michele;
AU  - Belloc, Filippo;
AU  - Del Gatto, Massimo.
L1  - https://tind.wipo.int/record/46657/files/wipo-pub-econstat-wp-72-en-directing-innovation-towards-a-low-carbon-future.pdf
L1  - https://tind.wipo.int/record/47780/files/wipo-pub-econstat-wp-73-en-COVID-19-innovative-firms-and-resilience.pdf
VL  - no. 73
LA  - eng
ID  - 47780
L4  - https://tind.wipo.int/record/46657/files/wipo-pub-econstat-wp-72-en-directing-innovation-towards-a-low-carbon-future.pdf
L4  - https://tind.wipo.int/record/47780/files/wipo-pub-econstat-wp-73-en-COVID-19-innovative-firms-and-resilience.pdf
KW  - Copyright
KW  - COVID-19
KW  - Patents.
KW  - Manufacturing industries.
KW  - Firm Resilience
TI  - COVID-19, Innovative Firms and Resilience :Economic Research Working Paper No. 73.
L2  - https://tind.wipo.int/record/46657/files/wipo-pub-econstat-wp-72-en-directing-innovation-towards-a-low-carbon-future.pdf
L2  - https://tind.wipo.int/record/47780/files/wipo-pub-econstat-wp-73-en-COVID-19-innovative-firms-and-resilience.pdf
LK  - https://dx.doi.org/10.34667/tind.46657
LK  - https://tind.wipo.int/record/46657/files/wipo-pub-econstat-wp-72-en-directing-innovation-towards-a-low-carbon-future.pdf
LK  - https://tind.wipo.int/record/47780/files/wipo-pub-econstat-wp-73-en-COVID-19-innovative-firms-and-resilience.pdf
UR  - https://dx.doi.org/10.34667/tind.46657
UR  - https://tind.wipo.int/record/46657/files/wipo-pub-econstat-wp-72-en-directing-innovation-towards-a-low-carbon-future.pdf
UR  - https://tind.wipo.int/record/47780/files/wipo-pub-econstat-wp-73-en-COVID-19-innovative-firms-and-resilience.pdf
ER  -