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-expiring forward protection reduces the rate of innovation and imposing a non-obviousness requirement reduces R&D spending. It is shown … that full protection against imitation, granted independently of the size of the lead, maximizes the average innovation …
Persistent link: https://www.econbiz.de/10010817282
Competition policy and intellectual property rights (IPR) protection policy play a significant role in the innovation …
Persistent link: https://www.econbiz.de/10010765854
Persistent link: https://www.econbiz.de/10012767247
Under the legal doctrine of patent exhaustion, a patent holder's ability to license multiple parties along a production chain is restricted. How and when such restrictions should be applied is a controversial issue, as evidenced by the Supreme Court's granting certiorari in the Quanta case. The...
Persistent link: https://www.econbiz.de/10012747036
This article analyzes the effects of intellectual property rights protection on innovation in a quality-ladder model in … monopoly innovator, we show that reducing IP protection can increase the average innovation rate by regularly destroying … innovation rate, however, increases in the strength of IP protection for most market structures. In each case, we derive the …
Persistent link: https://www.econbiz.de/10010958062
In this paper we abandon the usual assumption that patents bring known benefits to the industry or that their benefits are known to all parties. When royalty payments are increasing in one's patent portfolio, private information about the quality of patents leads to a variety of distortions, in...
Persistent link: https://www.econbiz.de/10005264562
We introduce two simple new variants of the Jackknife Instrumental Variables (JIVE) estimator for overidentified linear models and show that they are superior to the existing JIVE estimator, significantly improving on its small sample bias properties. We also compare our new estimators to...
Persistent link: https://www.econbiz.de/10005792526
In this paper we abandon the usual assumption that patents bring known benefits to the industry or that their benefits are known to all parties. When royalty payments are increasing in one’s patent portfolio, private information about the quality of patents leads to a variety of distortions,...
Persistent link: https://www.econbiz.de/10005662206
. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10010889981
has changed the essential nature of innovation - driven by widespread access to the ability to replicate and improve … - remains the same. Hence a focus on endogenous innovation policy is as relevant today as it was 50 years ago. …
Persistent link: https://www.econbiz.de/10010856327