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来源类型Working Paper
规范类型报告
DOI10.3386/w18854
来源IDWorking Paper 18854
Patent Rights, Product Market Reforms, and Innovation
Philippe Aghion; Peter Howitt; Susanne Prantl
发表日期2013-02-28
出版年2013
语种英语
摘要Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding positively to the product market reform in industries of countries where patent rights are strong, not where these are weak. The positive response to the reform is more pronounced in industries in which innovators rely more on patenting than in other industries, and in which the scope for deterring entry through patenting is not too large. Our empirical findings are in line with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly, that patent protection can complement competition in inducing innovation.
主题Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w18854
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576529
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Philippe Aghion,Peter Howitt,Susanne Prantl. Patent Rights, Product Market Reforms, and Innovation. 2013.
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