Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:40:24am WEST
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Daily Overview |
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A01: Innovation, Entrepreneurship and Business Taxation Location: Room 101 (Francesinhas 1) | |
| Presentation 4 | |
Patent Filing and Firm Performance 1: Tampere University; 2: Aalto University This paper examines how innovation activity affects firm survival, scale, productivity, and market position trajectories by comparing first-time patenting firms with otherwise similar firms that never patent, using an event-study design. We further distinguish between granted and rejected patent applications to separate the returns to innovation from those attributable specifically to patent approval. Firms with granted patents exhibit substantially lower exit rates, roughly 15 percentage points lower than unsuccessful applicants, indicating large extensive-margin effects. Beyond survival, granted patents are associated with pronounced intensive-margin responses: firm scale growth, measured by revenue, value added, and wage bills, is approximately 25–30 log points higher. Firms with rejected patent applications also grow faster than non-patenting peers. In contrast, we find no systematic effects on firm productivity or the capital-labor mix, suggesting that post-innovation growth is driven by the expansion of existing activities. However, we observe an increase in the share of high-skill STEM-educated workers among successfully patenting firms, suggesting that these firms invest in building their future innovation capacity. Finally, we document significant gains in industry-level market shares among successfully patenting firms.
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