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来源类型Working Paper
规范类型报告
DOI10.3386/w24638
来源IDWorking Paper 24638
From Revolving Doors to Regulatory Capture? Evidence from Patent Examiners
Haris Tabakovic; Thomas G. Wollmann
发表日期2018-05-28
出版年2018
语种英语
摘要Many regulatory agency employees are hired by the firms they regulate, creating a “revolving door” between government and the private sector. We study these transitions using detailed data from the US Patent and Trademark Office. We find that patent examiners grant significantly more patents to the firms that later hire them and that much of this leniency extends to prospective employers. These effects are strongest in years when firms are actively hiring, and these relationships hold for the intensive margin of intellectual property protection. Ultimately, this leads the agency to issue lower quality patents, which we measure in citations. Together with other supporting evidence, we argue these results are suggestive of regulatory capture.
主题Microeconomics ; Welfare and Collective Choice ; Other ; Law and Economics ; Industrial Organization ; Regulatory Economics ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w24638
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582312
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Haris Tabakovic,Thomas G. Wollmann. From Revolving Doors to Regulatory Capture? Evidence from Patent Examiners. 2018.
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