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rates and reduce output as compared to non-integration. Horizontal integration of IP holders (or a patent pool) solves the … complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation …
Persistent link: https://www.econbiz.de/10014214175
discourages entry and reduces innovation incentives, while horizontal integration always benefits from entry and innovation …
Persistent link: https://www.econbiz.de/10003909249
We study the licensing incentives of an independent input producer owning a patented product innovation which allows …
Persistent link: https://www.econbiz.de/10011734172
How does patent enforcement affect subsequent innovation? I exploit patent infringement litigation in the United States … to analyze the effect of patent enforcement on cumulative innovation. The results imply that subsequent innovation … patent and reductions in asymmetric information are particular driver of the increase in follow-on innovation. Although there …
Persistent link: https://www.econbiz.de/10013309108
The Constitution gives Congress the power to "promote the Progress of Science and useful Arts." The patent system … v. MercExchange, this Note advocates a patent system that will allow access to stagnant patents sooner. The proposed … system starts with an initial exclusive patent period that is much shorter, and then includes renewable periods of …
Persistent link: https://www.econbiz.de/10014214389
This paper examines the implications of Open Source License (OSL) selection on software innovation, and suggests how …
Persistent link: https://www.econbiz.de/10014060876
We explore the incentives of a vertically integrated incumbent firm to license the production technology of its core input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing even when licensing also transforms the licensee into...
Persistent link: https://www.econbiz.de/10011597751
We explore the incentives of a vertically integrated incumbent firm to license the production technology of its core input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing even when licensing also transforms the licensee into...
Persistent link: https://www.econbiz.de/10012962608
We study the incentives of a downstream firm that sources its core input from a vertically integrated supplier to license its patented technology to an external firm. Licensing transforms the licensee into both a direct downstream competitor and a customer of the supplier. The vertically...
Persistent link: https://www.econbiz.de/10015070460
A current refrain in patent policy discourse is that “overly-broad” patents of “dubious validity” retard innovation. We … scope and/or validity harm innovation. The Selden automobile patent is alleged to have been such a patent. We review the … and validity of Selden’s patent claims, there is no evidence that innovation was retarded. We show that Henry Ford and …
Persistent link: https://www.econbiz.de/10013219770