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Universal Intellectual Property Rights: Too Much of a Good Thing?
Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - CESifo - 2013
own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …
Persistent link: https://www.econbiz.de/10010670798
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Timing of Technology Adoption and Product Market Competition
Milliou, Chrysovalantou; Petrakis, Emmanuel - CESifo - 2009
This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10005034642
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Entrepreneurial Innovations and Taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - CESifo - 2011
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10009024844
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Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area
Cheikh, Nidhaleddine Ben; Rault, Christophe - CESifo - 2015
This paper provides an update on the exchange rate pass-through (ERPT) estimates for 12 euro area (EA) countries. First, based on quarterly data over the 1990-2012 period, our study does not find a significant heterogeneity in the degree of pass-through across the monetary union members, in...
Persistent link: https://www.econbiz.de/10011277181
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Union Bargaining Power and Product Innovation: Relevance of the Preference Function
Basak, Debasmita; Hoefele, Andreas; Mukherjee, Arijit - CESifo - 2014
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised … union bargaining power increases innovation if bargaining is decentralised, the market expansion effect is weak and the cost … of innovation is moderate but low. Otherwise, a higher union bargaining power reduces innovation. Hence, whether a higher …
Persistent link: https://www.econbiz.de/10010948850
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Cutting too Close? Design Protection and Innovation in Fashion Goods
Hackett, Petal Jean - CESifo - 2012
Continued lobbying by high-end, American designers for intellectual property-type fashion design protection has culminated in the proposed Innovative Design Protection and Piracy Prevention Act, intended to introduce EU standards. Using a sequential, 2-firm, vertical differentiation framework,...
Persistent link: https://www.econbiz.de/10009645656
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Pharmaceutical Patents: Incentives for R&D or Marketing?
Brekke, Kurt R.; Straume, Odd Rune - CESifo - 2008
We analyse how a patent-holding pharmaceutical firm may strategically use advertising of existing drugs to affect R&D investments in new (differentiated) drugs, and thereby affect the probability distribution of future market structures in the industry. Within a fairly generalmodel framework, we...
Persistent link: https://www.econbiz.de/10005416463
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How Many Patents Does it Take to Signal Innovation Quality?
Comino, Stefano; Graziano, Clara - CESifo - 2014
In this paper, we offer a novel explanation to the surge in patenting bserved during the last years. With low patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the chance of being granted patents but also, and more...
Persistent link: https://www.econbiz.de/10010781546
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Complementary Bidding Mechanisms and Startup Costs in Electricity Markets
Reguant, Mar - CESifo - 2014
I extend multi-unit auction estimation techniques to a setting in which firms can express cost complementarities over time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate these complementarities, which in these markets arise due...
Persistent link: https://www.econbiz.de/10010877888
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OPEC's Market Power: An Empirical Dominant Firm Model for the Oil Market
Golombek, Rolf; Irarrazabal, Alfonso A.; Ma, Lin - CESifo - 2013
In this paper we estimate a dominant firm-competitive fringe model for the crude oil market using quarterly data on oil prices for the 1986-2009 period. All the estimated structural parameters have the expected sign and are significant at standard test levels. We find that OPEC exercised its...
Persistent link: https://www.econbiz.de/10010721612