| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13969 |
| DP13969 Bargaining Failure and Freedom to Operate: Re-evaluating the Effect of Patents on Cumulative Innovation | |
| Fabian Gaessler; Dietmar Harhoff; Stefan Sorg | |
| 发表日期 | 2019-08-30 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation that exploits personnel scarcity in post-grant opposition at the European Patent Office. We find that patent invalidation leads to a highly significant and sizeable increase of follow-on inventions. The effect is driven by cases where the removal of the individual exclusion right creates substantial freedom to operate for third parties. Importantly, our results suggest that bargaining failure between original and follow-on innovators is not limited to environments commonly associated with high transaction costs. |
| 主题 | Industrial Organization |
| 关键词 | Cumulative innovation Patents Bargaining failure Opposition Freedom to operate |
| URL | https://cepr.org/publications/dp13969 |
| 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/542850 |
| 推荐引用方式 GB/T 7714 | Fabian Gaessler,Dietmar Harhoff,Stefan Sorg. DP13969 Bargaining Failure and Freedom to Operate: Re-evaluating the Effect of Patents on Cumulative Innovation. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
