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We study the relation between patent concentration and tax-motivated income shifting. Using affiliate-level data for European multinational corporations (MNCs) and employing the relative share of patents held by an MNC as a measure for patent concentration, we predict and find that tax-motivated...
Persistent link: https://www.econbiz.de/10012302070
U.S. intellectual property law is firmly rooted in utilitarian principles. Copyright law is viewed as a means to give proper monetary incentives to authors for their creative effort. Many European copyright systems pursue additional goals: Authors have the right to be named as author, to control...
Persistent link: https://www.econbiz.de/10011631739
This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis … policy changes. Part 2 of the paper outlines the breakthroughs in understanding that have underpinned the evolution of … be well understood or applied in an optimal fashion in the absence of the other. Secondly, the thought evolution …
Persistent link: https://www.econbiz.de/10011723874
The appropriability of innovation depends not only on the instruments available to an innovator to protect private returns, but how those instruments interact with each other as part of the firm's entrepreneurial strategy. We consider the interplay between two appropriability mechanisms...
Persistent link: https://www.econbiz.de/10011646387
Inter-country equity in the taxation of IP is a contentious issue. With its BEPS initiative, the OECD aims at taxing in accordance with value creation even though there are admitted difficulties in determining the actual place of value creation. The European Commission promotes the introduction...
Persistent link: https://www.econbiz.de/10011674410
We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...
Persistent link: https://www.econbiz.de/10011610914
Digital designs - that is, designs for display on electronic screens - have recently burst onto the intellectual property (IP) stage. While in the U.S. a smattering of legal studies have recently addressed the question of digital design as a copyright-, trademark- and patent-eligible subject...
Persistent link: https://www.econbiz.de/10011594753
This work investigates the relationship between proxies of innovation activities, such as patents and trademarks, and firm performance in terms of revenues, growth and profitability. By resorting to the virtual universe of Italian manufacturing firms this work provides a rather complete picture...
Persistent link: https://www.econbiz.de/10012020200
useful empirical foundation for mapping relevant trends and the evolution of policy thinking over time and across …
Persistent link: https://www.econbiz.de/10011810287
I quantify the effects of private-network music sharing on aggregate album sales in the BitTorrent era using a panel of US sales and private-network downloads for 2,109 albums during 2008. Exogenous shocks to the network's sharing constraints address the simultaneity problem. In theory,...
Persistent link: https://www.econbiz.de/10011786866