| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4929 |
| 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 |
| URL | https://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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