| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP6925
|
| DP6925 'Essential' Patents, FRAND Royalties and Technological Standards |
| Mathias Dewatripont
|
| 发表日期 | 2008-08-01
|
| 出版年 | 2008
|
| 语种 | 英语
|
| 摘要 | We examine prizes as an inducement for innovation using a novel dataset of awards for inventiveness offered by the Royal Agricultural Society of England from 1839 to 1939. At annual shows the RASE held competitive trials and awarded medals and monetary prizes (exceeding one million pounds in current prices) to spur technological development. We find large effects of the prizes on contest entries, especially for the Society?s gold medal. Matching award and patent data, we also detect large effects of the prizes on the quality of contemporaneous inventions. These results hold even during the period when prize categories were determined by a strict rotation scheme, thus overcoming the potential confounding effect that awards may have targeted "hot" technology sectors. Our evidence suggests that prize awards can be a powerful mechanism for encouraging competition and that prestigious non-pecuniary prizes can be a particularly effective inducement for innovation. |
| 主题 | Industrial Organization
|
| 关键词 | Awards
Contests
Patents
|
| URL | https://cepr.org/publications/dp6925
|
| 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/535761
|
推荐引用方式
GB/T 7714 |
Mathias Dewatripont. DP6925 'Essential' Patents, FRAND Royalties and Technological Standards. 2008.
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