of the receiving country. We test the empirical implications of our model using patent data in renewable and fossil … Moment estimator. We show that knowledge transfer through patent duplication increases with the level of IPR protection, but … more sensitive to uncertainty. Commitment to EPs also increases the incentives for patent duplication. The magnitude of the …

Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political … setting of countries with different innovation and financing capabilities, and where financing governments rely on taxes to … feasibility of buyouts relative to patents, identify the conditions under which this harms global welfare, and discuss …

The literature on patent buyouts has focused on single-economy settings, where buyouts are welfare improving relative … to patents unless there are frictions such as imperfect information or commitment problems. We expand the analysis to a … world with two heterogeneous countries featuring different sizes and innovation capacities. Moving to an international …