|
on Intellectual Property Rights |
|
Issue of 2016‒11‒06
five papers chosen by Giovanni Ramello Università degli Studi del Piemonte Orientale “Amedeo Avogadro” |
| By: | Josh Lerner; Haris Tabakovic; Jean Tirole |
| Abstract: | A key role of standard setting organizations (SSOs) is to aggregate information on relevant intellectual property (IP) claims before deciding on a standard. This article explores the firms’ strategies in response to IP disclosure requirements—in particular, the choice between specific and generic disclosures of IP—and the optimal response by SSOs, including the royalty rate setting. We show that firms with a stronger downstream presence are more likely to opt for a generic disclosure, as are those with lower quality patents. We empirically examine patent disclosures made to seven large SSOs, and find results consistent with theoretical predictions. |
| JEL: | L24 O34 |
| Date: | 2016–10 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:22768&r=ipr |
| By: | Huang, We-Chi; Chen, Ping-ho; Lai, Ching-Chong |
| Abstract: | This paper develops an R&D-based growth model featuring international R&D funding and patent collateral. It then uses the model to examine how the international borrowing interest rate and the fraction of patent collateral will affect innovations and economic growth. |
| Keywords: | International R&D funding, patent collateral, R&D-based growth model |
| JEL: | E44 O31 O40 |
| Date: | 2016–11–03 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:74881&r=ipr |
| By: | Daron Acemoglu; Ufuk Akcigit; William Kerr |
| Abstract: | Technological progress builds upon itself, with the expansion of invention in one domain propelling future work in linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream innovation for a particular technology class to build on, then that technology class innovates more. |
| JEL: | D85 O31 O32 O33 O34 |
| Date: | 2016–10 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:22783&r=ipr |
| By: | Bonnet, Céline; Bouamra-Mechemache, Zohra; Molina, Hugo |
| Keywords: | Agricultural and Food Policy, |
| Date: | 2016 |
| URL: | http://d.repec.org/n?u=RePEc:ags:eaa149:245168&r=ipr |
| By: | Oksana Loginova (University of Missouri) |
| Abstract: | This paper studies the impact of competition on the benefits of advance selling. I construct a two-period price-setting game with heterogeneous consumers and two firms that produce different brands. Some consumers prefer one brand, others prefer the other brand. Consumers derive common value from their preferred brand, but they differ in how strongly they dislike their less preferred brand. I consider the situation in which one firm can offer consumers the opportunity to pre-order its product in advance of the regular selling season. I calculate the benefits of advance selling when this firm faces competition from the other firm in the regular selling season and when it does not. I show that competition enhances the benefits of advance selling when in the advance selling season consumers are uncertain about which brand they will prefer. Comparative statics analysis with respect to brand substitutability reveals some interesting results. For example, I find that in the competitive setting the firm has greater incentives to advance sell when the brands are more substitutable, while the reverse holds in the monopolistic setting. |
| Keywords: | advance selling, price competition, strategic consumers, valuation uncertainty, consumer heterogeneity, substitutability of brands |
| JEL: | C72 D42 D43 L12 L13 M31 |
| Date: | 2016–10 |
| URL: | http://d.repec.org/n?u=RePEc:umc:wpaper:1615&r=ipr |