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This paper examines the impact of intellectual property rights (IPR) enforcement on multinationals' choice of input suppliers and industry profits in a host economy. The framework consists of suppliers with heterogeneous capabilities who must engage in a relation-specific investment to customize...
Persistent link: https://www.econbiz.de/10013030566
This paper analyzes how the optimal strength of patents on basic inventions is affected by financial constraints on the … and discourage the developer from exerting costly effort. Because of this, the distortions arising from patents on …
Persistent link: https://www.econbiz.de/10013069914
We investigate the effect of patent disclosures on corporate innovation. Using the American Inventor's Protection Act (AIPA) as a shock that increased patent disclosures, we find an increase in innovation for firms whose rivals reveal more information after the AIPA and a decrease in innovation...
Persistent link: https://www.econbiz.de/10012847323
contributory infringement impact employee mobility out of firms holding patents. We anticipate that contributory infringement …
Persistent link: https://www.econbiz.de/10014148274
by Lerner's index of patent scope and effectiveness of patents in a line of business, decrease the hazard of termination …
Persistent link: https://www.econbiz.de/10014030972
Patents constitute our foremost policy tool for encouraging innovation. However, because each new technology provides … engineering critical to product development. This suggests a need for relatively narrow patents that are relatively easy to obtain … Circuit has set an extremely lax standard of disclosure software patents, resulting in patents scope unconstrained by …
Persistent link: https://www.econbiz.de/10014066091
We develop a model of two-stage cumulative research and development (R&D), in which one Research Unit (RU) with an innovative idea bargains to license her non-verifiable interim knowledge exclusively to one of two competing Development Units (DUs) via one of two alternative modes: an open sale...
Persistent link: https://www.econbiz.de/10005124391
The patent system makes organized markets in patents with transparent prices possible. Such prices are here …
Persistent link: https://www.econbiz.de/10008917769
The question of how prices on patents rights should be determined in impersonal exchanges is examined in a laboratory … market with impersonal exchange mechanisms and prices in the traditionally hierarchical and personal exchange of patents. A … mechanisms for organized market on patents with transparent prices. It also shows that intermediaries (traders) are critical to …
Persistent link: https://www.econbiz.de/10008917770
transparent prices of patents, dynamic gains from using a patent in multiple industries and the coordination of invention …, intermediary and innovation activities using a linear contract on patents (fixed fee plus royalty on revenues). A trader is … previous work on patents, trade and economics in that the focus is on the competitive pricing of the rights themselves, using …
Persistent link: https://www.econbiz.de/10008917771