Showing 1 - 10 of 52
Profit on proprietary research tools is determined partly by the remedies for infringement, such as damages and … affect the incentives to develop research tools. We show that the prevailing legal doctrine of damages under liability rule … damages. This can create insufficient incentives to develop research tools. Incentives can be improved either by a property …
Persistent link: https://www.econbiz.de/10012471710
It may be advantageous to provide a variety of kinds of patent protection to heterogenous innovations. Innovations which benefit society largely through their use as building blocks to future inventions may require a different scope of protection in order to be encouraged. We model the problem...
Persistent link: https://www.econbiz.de/10012471726
This paper compares reward systems to intellectual property rights (patents and copyrights). Under a reward system, innovators are paid for innovations directly by government (possibly on the basis of sales), and innovations pass immediately into the public domain. Thus, reward systems engender...
Persistent link: https://www.econbiz.de/10012471851
We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from...
Persistent link: https://www.econbiz.de/10012463163
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of...
Persistent link: https://www.econbiz.de/10012463256
This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast,...
Persistent link: https://www.econbiz.de/10012465419
This paper theoretically and empirically analyzes the effect of strengthening intellectual property rights in developing countries on the level and composition of industrial development. We develop a North-South product cycle model in which Northern innovation, Southern imitation, and FDI are...
Persistent link: https://www.econbiz.de/10012465621
Patent protection spurs innovation by raising the rewards for research, but it usually results in less desirable …
Persistent link: https://www.econbiz.de/10012466085
Open source methods for creating software rely on developers who voluntarily reveal code in the expectation that other developers will reciprocate. Open source incentives are distinct from earlier uses of intellectual property, leading to different types of inefficiencies and different biases in...
Persistent link: https://www.econbiz.de/10012466507
We develop a model that clarifies the respective advantages and disadvantages of academic and private-sector research … not rely on lack of appropriability or spillovers to generate a rationale for academic research. Instead, we focus on … interests, academia can be indispensable for early-stage research. At the same time, the private sector's ability to direct …
Persistent link: https://www.econbiz.de/10012467136