NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Patents as Quality Signals? The Implications for Financing Constraints on R&D

Dirk Czarnitzki, Bronwyn H. Hall, Hanna Hottenrott

NBER Working Paper No. 19947
Issued in February 2014

---- Acknowledgements -----

The authors thank Thorsten Doherr for help with retrieving the patent data and participants at the CONCORDi 2013 (Seville, Spain) for helpful comments. Hottenrott appreciated research funding from the Flemish Science Foundation (FWO). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Bronwyn H. Hall -----

My contribution to this research received no financial support.

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