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Roger Smeets
Rutgers University
14Publications
3H-index
71Citations
Publications 14
Newest
#1Joëlle NoaillyH-Index: 11
#2Roger SmeetsH-Index: 3
The objective of this study is to examine the impact of firms’ financing constraints on innovation activities in renewable (REN) versus fossil-fuel (FF) technologies. Our empirical methodology relies on the construction of a firm-level dataset for 1,300 European firms over the 1995-2009 period combining balance-sheet information linked with patenting activities in REN and FF technologies. We estimate the importance of the different types of financing (e.g. cash flow, long-term debt, and stock is...
#1Roger Smeets (RU: Rutgers University)H-Index: 3
#2Albert de Vaal (Radboud University Nijmegen)H-Index: 4
In this paper we investigate the impact of increased Intellectual Property Rights (IPR) protection on the productivity effects that MNE affiliates exert on local host-country firms. Conceptually, we argue that IPR protection has two opposing effects: On the one hand, it weakens the productivity effects through reduced knowledge spillovers and increased monopoly power of MNE affiliates. On the other hand, it strengthens productivity effects through increased knowledge sharing (with local supplier...
#1Joëlle NoaillyH-Index: 11
#2Roger SmeetsH-Index: 3
Addressing both the challenge of climate change and the world's growing energy needs will only be possible by achieving a breakthrough in clean technologies in order to deliver safe, clean and sustainable energy for future generations. Such a large-scale technological transition will require massive investments in research and development (R&D) of clean energy production. Within the sector of electricity generation, renewable (REN) energy technologies, such as solar, wind or geothermal energy, c...
#1Joëlle Noailly (HEI: Graduate Institute of International and Development Studies)H-Index: 11
#2Roger Smeets (RU: Rutgers University)H-Index: 3
This paper investigates the determinants of directed technical change at the firm level in the electricity generation sector. We use firm-level data on patents filed in renewable (REN) and fossil fuel (FF) technologies by 5,261 European firms over the period 1978-2006. We investigate how energy prices, market size and knowledge stocks affect firms' incentives to innovate in one technology relative to another and how these factors may thereby induce a shift from FF to REN technology in the electr...
#1Roger Smeets (RU: Rutgers University)H-Index: 3
We study the settlement and non-settlement outcomes of foreign and US patent holders in US patent litigation. We argue that foreign patent holders may be systematically more likely to settle, and less likely to win patent lawsuits relative to their US counterparts, for two reasons: First, US adjudicators may be xenophobic, in actuality or as perceived by foreign patent holders. Second, foreign patent holders may have to incur systematically higher litigation costs than US plaintiffs. We test the...
#1Roger Smeets (RU: Rutgers University)H-Index: 3
We study the impact of patent litigation on the patenting propensity of individual inventor-owners, i.e. inventors that also own their patents. We firt develop a theoretical framework in which inve...
#1Roger Smeets (RU: Rutgers University)H-Index: 3
This study investigates if firms' involvement in patent litigation as alleged infringers hinders their innovation. I develop a simple model that predicts a decrease in innovation following patent litigation. I investigate the model's implications in a sample of publicly listed US firms, using a combination of propensity score matching and difference-in-differences estimation. I find a negative impact of patent litigation on corporate R&D intensity - in the range of 2.6-4.7%-points - in small fir...
#1Roger Smeets (RU: Rutgers University)H-Index: 3
This study investigates the extent to which domestic and foreign R&D workers (i.e. “inventors”) employed by multinationals (MNEs) are complements or substitutes to each other. We argue that this relationship will be contingent on the strategy underlying MNEs’ foreign R&D activities, where we identify three such strategies: technological catch-up, technological diversification, and creating a R&D springboard. In the case of catch-up, we don’t expect to find complementarities, but instead either s...
#1Roger SmeetsH-Index: 3
#2A. de VaalH-Index: 4
We study the extent to which a country's strength of Intellectual Property Rights (IPR) protection mediates knowledge spillovers from Foreign Direct Investment (FDI). Following the opposing views in the IPR debate, we propose a negative effect of IPR strength on unintentional horizontal (intra-industry) knowledge diffusion. Using a unique firm-level dataset of large, publicly traded firms in 22 (mostly) developed countries, we find partial support for these expectations. Strong IPR indeed reduce...
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