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product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding …, that patent protection can complement competition in inducing innovation …Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this …
Persistent link: https://www.econbiz.de/10012459807
of brand-name manufacturers receiving patent protection on peripheral features of the drug such as the route of … protect novel features and represent true innovation or, instead, provide little to no innovative benefit and improperly delay … generic entry. In this paper, we explore how the Patent Office may improve the quality of the secondary patents issued …
Persistent link: https://www.econbiz.de/10012481433
and the private sector. We study these transitions using detailed data from the US Patent and Trademark Office. We find … that patent examiners grant significantly more patents to the firms that later hire them and that much of this leniency …
Persistent link: https://www.econbiz.de/10012453081
standard. We develop a simple model of the disclosure process to illustrate the link between SSO rules and patent …
Persistent link: https://www.econbiz.de/10012455055
We investigate the impact of reporting regulation on corporate innovation activity. Exploiting thresholds in Europe …'s regulation and a major enforcement reform in Germany, we find that forcing a greater share of firms to publicly disclose their …
Persistent link: https://www.econbiz.de/10012480236
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10012482599
The innovations that became the foundation for the Internet originate from two eras that illustrate two distinct models for accumulating innovations over the long haul. The pre-commercial era illustrates the operation of several useful non-market institutional arrangements. It also illustrates a...
Persistent link: https://www.econbiz.de/10012462746
, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in … are subject to regulation by local authorities, resulting in both practical and strategic implications for manufacturers …
Persistent link: https://www.econbiz.de/10013477189
This study investigates how enhanced regulation can promote innovation, focusing on the impacts of a significant … recognized the improvement in drug innovation, as reflected in stock price adjustments post new drug registrations after the … latecomers could boost their innovation potential by adopting specific, effective regulatory practices from frontier countries …
Persistent link: https://www.econbiz.de/10014447297
This paper examines the regulation of technological innovation direction under uncertainty about potential harms. We …
Persistent link: https://www.econbiz.de/10014635704