Patent Races with Dynamic Complementarity

Blasco, Andrea (2011) Patent Races with Dynamic Complementarity. Bologna: Dipartimento di Scienze economiche DSE, p. 47. DOI 10.6092/unibo/amsacta/4508. In: Quaderni - Working Paper DSE (733). ISSN 2282-6483.
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Abstract

Recent models of multi-stage R&D have shown that a system of weak intellectual property rights may lead to faster innovation by inducing firms to share intermediate technological knowledge. In this article I introduce a distinction between plain and sophisticated technological knowledge, which has not been noticed so far but plays a crucial role in determining how different appropriability rules affect the incentives to innovate. I argue that the positive effect of weak intellectual property regimes on the sharing of intermediate technological knowledge vanishes when technological knowledge is sophisticated, as is likely to be the case in many high tech industries.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Blasco, Andrea
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ISSN
2282-6483
DOI
Deposit date
02 Feb 2016 11:30
Last modified
02 Feb 2016 11:30
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