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The appropriability of innovation depends not only on the instruments available to an innovator to protect private … pursue a narrow or broad customer segment, or whether to commercialize a "minimal viable product" version of their innovation …
Persistent link: https://www.econbiz.de/10012455543
The impact of stronger intellectual property rights in the software industry is controversial. One means by which patents can affect technical change, industry dynamics, and ultimately welfare, is through their role in stimulating or stifling entry by new ventures. Patents can block entry, or...
Persistent link: https://www.econbiz.de/10012464995
Persistent link: https://www.econbiz.de/10004222303
Recent scholarship highlights the importance of institutions to the processes of economic growth, but the precise nature of their relationship bears further examination. This paper considers how the evolution of legal institutions has contributed to, and in turn been affected by, major...
Persistent link: https://www.econbiz.de/10012468347
Using a difference-in-difference approach, we study how intellectual property right (IPR) protection affects innovation … in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE …
Persistent link: https://www.econbiz.de/10012455995
discuss the implications of the risks we analyze for the total volume of medical innovation and for its organization across …
Persistent link: https://www.econbiz.de/10012457199
A long theoretical literature has analyzed optimal patent policy design, yet there is very little empirical evidence on a key parameter needed to apply these models in practice: the relationship between patent strength and research investments. I argue that the dearth of empirical evidence on...
Persistent link: https://www.econbiz.de/10012457421
We examine the effect of pharmaceutical patent protection on the speed of drug launch, price, and quantity in 60 countries from 2000-2013. The World Trade Organization required its member countries to implement a minimum level of patent protection within a specified time period as part of the...
Persistent link: https://www.econbiz.de/10012457867
between appropriability mechanisms, innovation and firm-level productivity. We enrich this model in several ways. First, we … consider different types of innovation spending and study the differences in estimates when innovation spending (rather than R …&D spending) is used to predict innovation in the CDM model. Second, we assume that a firm simultaneously innovates and chooses …
Persistent link: https://www.econbiz.de/10012458153
The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are … lead to a lower pace of innovation, and more generally, that long run effects may be the opposite of the short run effects …
Persistent link: https://www.econbiz.de/10012458650