| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13234 |
| 来源ID | Working Paper 13234 |
| The Impact of Uncertain Intellectual Property Rights on the Market For Ideas: Evidence From Patent Grant Delays | |
| Joshua S. Gans; David H. Hsu; Scott Stern | |
| 发表日期 | 2007-07-08 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast, the need to disclosure complementary (yet unprotected) knowledge, asymmetric information, or search costs may retard efficient technology transfer. In these cases, reductions in uncertainty surrounding the scope and extent of IP rights may facilitate trade in the market for ideas. We employ a dataset combining information about cooperative licensing and the timing of patent allowances (the administrative event when patent rights are clarified). While pre-allowance licensing does occur, the hazard rate for achieving a cooperative licensing agreement significantly increases after patent allowance. Moreover, the impact of the patent system depends on the strategic and institutional environment in which firms operate. Patent allowance seems to play a particularly important role for technologies with longer technology lifecycles or that lack alternative mechanisms such as copyright, reputation, or brokers. The findings suggest that imperfections in the market for ideas may be important, and that formal IP rights may facilitate gains from technological trade. |
| 主题 | Industrial Organization ; Firm Behavior ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w13234 |
| 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/570903 |
| 推荐引用方式 GB/T 7714 | Joshua S. Gans,David H. Hsu,Scott Stern. The Impact of Uncertain Intellectual Property Rights on the Market For Ideas: Evidence From Patent Grant Delays. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13234.pdf（272KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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