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FINANCING AND THE PROTECTION OF INNOVATORS

Llobet, Gerard; Suarez, Javier - Centro de Estudios Monetarios y Financieros (CEMFI) - 2005

The protection that innovators obtain through intellectual property rights crucially depends on their incentives and ability to litigate infringers. Taking patents as a notable example, we study how the financing of legal costs can alter the incentives to litigate in defense of a petent and,...

Persistent link: https://www.econbiz.de/10005611896

Forever Minus a Day? Theory and Empirics of Optimal Copyright Term

Pollock, Rufus - Volkswirtschaftliche Fakultät, … - 2008

The optimal term of copyright has been a matter for extensive debate over the last decade. Using a simple model we characterise optimal term as a function of a few key parameters. We estimate this function using a combination of new and existing data on recordings and books and find an optimal...

Persistent link: https://www.econbiz.de/10005616714

The Economics of Ideas and the Ideas of Economists

Johnson, William R. - University of Virginia, Department of Economics - 2005

On college campuses across the country and on millions of home computers, too, young adults download from each other digital files containing recorded music and films for their entertainment. The owners of that copyrighted material pursue the downloaders with legal action as well as the software...

Persistent link: https://www.econbiz.de/10005750333

Internet Publishing and Beyond: The Economics of Digital Information and Intellectual Property

Kahin, Brian (contributor); Varian, Hal R. (contributor) - The MIT Press

factors and market environments on pricing; the relationship among classic production costs, transaction costs, and the … economic value of intellectual property; the effects of different pricing practices for telecommunications and Internet … services on the pricing of information; the bundling and unbundling of information services; changing cost structures and the …

Persistent link: https://www.econbiz.de/10005755467

Collective Rights Organizations and Investment in Upstream R&D

Aoki, Rieko; Schiff, Aaron - Institute of Economic Research, Hitotsubashi University - 2009

We examine third-party collective rights organisations (CROs) such as clearinghouses that license innovations on behalf of inventors when downstream uses require licenses to multiple complementary innovations. We consider two simple royalty redistribution schemes, two different innovation...

Persistent link: https://www.econbiz.de/10005784015

Welfare Impacts of Cross-Country Spillovers in Agricultural Research

Hayes, Dermot; Lence, Sergio H. - Center for Agricultural and Rural Development (CARD), … - 2007

The welfare implications of intellectual property protection (IPP) for private sector agricultural research are analyzed, focusing on the realistic cases in which countries provide different IPP levels, technology spills over across countries, and the public sector is involved in research. A...

Persistent link: https://www.econbiz.de/10005786375

Digital Rights Management and Consumer Acceptability: A Multi-Disciplinary Discussion of Consumer Concerns and Expectations

Helberger, Natali; Kerényi, Kristóf; Krings, Bettina; … - Volkswirtschaftliche Fakultät, … - 2004

The INDICARE project – the Informed Dialogue about Consumer Acceptability of DRM Solutions in Europe – has been set up to raise awareness about consumer and user issues of Digital Rights Management (DRM) solutions. One of the main goals of the INDICARE project is to contribute to the...

Persistent link: https://www.econbiz.de/10005789558

International Protection of Intellectual Property

Grossman, Gene; Lai, Edwin - C.E.P.R. Discussion Papers - 2002

We study the incentives that governments have to protect intellectual property in a trading world economy. We consider a world economy with ongoing innovation in two countries that differ in market size, in their capacities for innovation and in their absolute and comparative advantage in...

Persistent link: https://www.econbiz.de/10005792347

Product Development and the Timing of Information Disclosure under U.S. and Japanese Patent Systems

Prusa, Thomas J.; Aoki, Reiko - Department of Economics, Rutgers University-New Brunswick - 1996

This paper examines the consequences of the differences in the timing of information disclosure between the U.S. and Japanese patent systems. Under the Japanese system it is possible for a firm to apply for a patent knowing the exact specifications of a rival's patent application. In contrast,...

Persistent link: https://www.econbiz.de/10005800423

Trademark Values in Corporate Restructuring

Torres, Fernando - Volkswirtschaftliche Fakultät, … - 2007

In corporate restructuring under Chapter 11, an asset valuation is a central task for both legal and financial reasons. In the area of intangible assets, however, generally accepted accounting principles (GAAP) do not reflect internally-generated assets such as brands, trademarks, and other...

Persistent link: https://www.econbiz.de/10005836409