Do corporate lawyers matter? Evidence from patents

Andriosopoulos, Dimitris; Czarnowski, Pawel; Marshall, Andrew

doi:10.1016/j.jcorpfin.2023.102473

Journal of Corporate Finance

2023

DOI: 10.1016/j.jcorpfin.2023.102473

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Do corporate lawyers matter? Evidence from patents

Dimitris Andriosopoulos,

Pawel Czarnowski,

Andrew Marshall

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2024

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Cited by 3 publications

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The Relation Between University Science Base and Follow-Up Patent Activity

Anagnosti,

Drivas

2024

J Knowl Econ

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The Relation Between University Science Base and Follow-Up Patent Activity

Anagnosti,

Drivas

2024

J Knowl Econ

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An empirical study of professionals’ experiential learning in Japan

Shi,

Nakamoto

2024

Eurasian Bus Rev

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Bridging Innovation Distances: High‐Speed Rail and Patent Agency Utilization in China

Wu,

2024

Journal of Regional Science

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Innovation intermediaries are instrumental in enhancing the efficacy of the innovation process, yet their accessibility tends to be geographically restricted, particularly in underdeveloped regions. This study examines whether the development of transportation infrastructure can alleviate these spatial frictions, promoting cross‐regional utilization of intermediary services and subsequently improving innovation outcomes. Leveraging a unique database on patent agency utilization for all invention patents in China from 2003 to 2019, and employing high‐speed rail (HSR) as a natural experiment, we estimate a staggered difference‐in‐difference model at the city‐pair level. Our findings suggest that reductions in transportation costs lead to a substantial increase in cross‐city PAU after HSR connection, especially in sectors with higher technology sophistication requiring more face‐to‐face interactions between inventors and agents. This research uncovers a novel mechanism through which HSR influences innovation and provides policy implications for optimizing innovation intermediaries through infrastructure development.

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Do corporate lawyers matter? Evidence from patents

Cited by 3 publications

References 55 publications

The Relation Between University Science Base and Follow-Up Patent Activity

The Relation Between University Science Base and Follow-Up Patent Activity

An empirical study of professionals’ experiential learning in Japan

Bridging Innovation Distances: High‐Speed Rail and Patent Agency Utilization in China

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