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来源类型Working Paper
规范类型报告
DOI10.3386/w21090
来源IDWorking Paper 21090
An Empirical Examination of Patent Hold-up
Alexander Galetovic; Stephen Haber; Ross Levine
发表日期2015-04-13
出版年2015
语种英语
摘要A large literature asserts that standard essential patents (SEPs) allow their owners to “hold up” innovation by charging fees that exceed their incremental contribution to a final product. We evaluate two central, interrelated predictions of this SEP hold-up hypothesis: (1) SEP-reliant industries should experience more stagnant quality-adjusted prices than similar non-SEP-reliant industries; and (2) court decisions that reduce the excessive power of SEP holders should accelerate innovation in SEP-reliant industries. We find no empirical support for either prediction. Indeed, SEP-reliant industries have the fastest quality-adjusted price declines in the U.S. economy.
主题Other ; Law and Economics ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w21090
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578765
推荐引用方式
GB/T 7714
Alexander Galetovic,Stephen Haber,Ross Levine. An Empirical Examination of Patent Hold-up. 2015.
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