G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4929
DP4929 Trade Protection and Industry Wage Structure in Poland
Beata Javorcik; Chor-Ching Goh
发表日期2005-02-23
出版年2005
语种英语
摘要The paper offers a new theoretical framework to examine the role of intermediaries between creators and users of new inventions. We find that uncertainty about the profitability of investing in new inventions generates a basis for intermediation. An intermediary may provide an opportunity to economize on a critical component of efficient investment decisions - the expertise to sort `profitable' from `unprofitable' inventions. Our findings may help explain the surge in university patenting and licensing since the Bayh-Dole Act of 1980. The study also identifies several limitations to the potential efficiency of intermediation in innovation.
主题Industrial Organization
关键词Intermediation Market microstructure Matching Uncertainty Innovation Patent licensing
URLhttps://cepr.org/publications/dp4929
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533830
推荐引用方式
GB/T 7714
Beata Javorcik,Chor-Ching Goh. DP4929 Trade Protection and Industry Wage Structure in Poland. 2005.
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