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innovation, then invest in the chosen direction, and finally, compete. Investments can be in competing or non …-competing innovations and their outcome is uncertain. If successful, a firm can be imitated by the rival. Patent protection prevents … show that the level of the requirement may affect the direction of firms' R\&D trajectories. While in a mild patent regime …
Persistent link: https://www.econbiz.de/10014261811
Alliances between competitors where an established firm provides access to its marketing and distribution channels are an important real-world phenomenon. We analyze a market where an established firm, firm A, produces a product of well-known quality, and a firm with an unknown brand, firm B,...
Persistent link: https://www.econbiz.de/10014028020
quality of these disclosures affects follow-on innovation. We use the plausibly exogenous assignment to patent applications of …The patent system grants inventors temporary monopoly rights in exchange for a public disclosure detailing their … innovation. These disclosures are meant to allow others to recreate and build on the patented innovation. We examine how the …
Persistent link: https://www.econbiz.de/10013218950
crisis has brought the optimal design of pharmaceutical patent policy to the fore. In this paper we evaluate patent policy in … the US pharmaceutical industry. We estimate the effect of patent length and scope on generic entry prior to the expiration … of new drug patents using two quasi-experimental approaches: one based on changes in patent laws and another on the …
Persistent link: https://www.econbiz.de/10013309494
We show how characterizing optimal patent policy for the pharmaceutical industry only requires information about …, we use data on Paragraph IV patent challenges, and two quasi-experimental approaches: one based on changes in patent laws … and another on the allocation of patent applications to examiners. We find that extending effective patent duration …
Persistent link: https://www.econbiz.de/10014097057
concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law …” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … patent-intensive, and legal and economic theory has long explored the role of patents in shaping industry structure …
Persistent link: https://www.econbiz.de/10013213690
find a link between patent propensity, R&D and innovation performance. Descriptive analyses show that Polish manufacturing … increase in patent propensity affects the firm's innovation performancepositively. …This paper tries to find how firms use IPRs in the form of patents to protect innovation capital and find determinants …
Persistent link: https://www.econbiz.de/10012026223
set of opportunities for innovation in agricultural biotechnologies. Moreover, the institutional, regulatory and …
Persistent link: https://www.econbiz.de/10014024076
supplemental information on IP litigation and patent portfolios. The rich survey information regarding firms’ general innovation …We contribute to the economic literature on patent litigation by taking a new perspective. In the past, scholars mostly … focused on specific litigation cases at the patent level and related technological characteristics to the event of litigation …
Persistent link: https://www.econbiz.de/10011816416
This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …
Persistent link: https://www.econbiz.de/10010342239