An econometric analysis of asymmetric volatility: theory and application to patents
The purpose in registering patents is to protect the intellectual property of the rightful owners. Deterministic and stochastic trends in registered patents can be used to describe a country's technological capabilities and act as a proxy for innovation. This paper presents an econometric analy...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Elsevier
2007
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| Online Access: | http://hdl.handle.net/20.500.11937/36918 |