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technologies. How will patent protection affect this process? In this paper we first review the evidence on the role of patents for … innovation and international technology transfer in general. The literature suggests that patent protection in a host country … externalities, implies that patent protection may not be the optimal instrument for encouraging innovation in this area, especially …
Persistent link: https://www.econbiz.de/10013115728
We generalize Krugman's (1979) 'new trade' model by allowing for an explicit production chain in which a range of tasks is performed sequentially by a number of specialized teams. We demonstrate that an increase in market size induces a deeper division of labor among these teams which leads to...
Persistent link: https://www.econbiz.de/10013103513
This report surveys the empirical literature from economics and related fields on patents and innovation. In particular, it reviews and synthesizes the empirical evidence on patents and first-generation innovation, the disclosure function of patents, and patents and follow-on innovation. The...
Persistent link: https://www.econbiz.de/10012906316
estimation is over panel datasets of patent grants, and unpatented innovations that were submitted for prizes at the annual … hypothesize that the difference partly owes to the design of patent institutions, which explicitly incorporate mechanisms for …
Persistent link: https://www.econbiz.de/10013040530
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012922984
This paper reviews our understanding of the growing open source movement. We highlight how many aspects of open source software appear initially puzzling to an economist. As we have acknowledge, our ability to answer confidently many of the issues raised here questions is likely to increase as...
Persistent link: https://www.econbiz.de/10013224208
flows from university inventions through two important channels: non-market 'spillovers' exemplified by patent citations and …
Persistent link: https://www.econbiz.de/10013225808
We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of engaging inventors in the development of licensed inventions. Our theoretical model shows that when milestones are feasible, royalties are not optimal unless the licensing firm is...
Persistent link: https://www.econbiz.de/10012750133
This paper examines an ex-post rationale for the patenting of scientific discoveries. In this model,scientist do not know which firms can make use of their discoveries, and firms do not know whichscientific discoveries might be useful to them. To bridge this gap, either or both sides need to...
Persistent link: https://www.econbiz.de/10012752567
While openness to trade is a well-recognized hallmark of many successful emerging market economies known as "growth miracles," another component of the growth model is a leapfrogging strategy - the use of policies to guide the industrial structural transformation ahead of a country's factor...
Persistent link: https://www.econbiz.de/10013069223