skip to content
The Impact of Uncertain Intellectual Property Rights on the Market For Ideas : Evidence From Patent Grant Delays Preview this item
ClosePreview this item
Checking...

The Impact of Uncertain Intellectual Property Rights on the Market For Ideas : Evidence From Patent Grant Delays

Author: Scott Stern; Joshua S Gans; David H Hsu; National Bureau of Economic Research
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2007
Series: NBER working paper series, no. w13234
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
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  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Scott Stern; Joshua S Gans; David H Hsu; National Bureau of Economic Research
OCLC Number: 874280110
Description: 1 online resource.
Series Title: NBER working paper series, no. w13234
Responsibility: Joshua S. Gans, David H. Hsu, Scott Stern

Abstract:

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

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


<http://www.worldcat.org/oclc/874280110>
library:oclcnum"874280110"
library:placeOfPublication
library:placeOfPublication
owl:sameAs<info:oclcnum/874280110>
rdf:typeschema:Book
schema:bookFormatschema:EBook
schema:contributor
schema:contributor
schema:contributor
schema:contributor
schema:datePublished"2007"
schema:exampleOfWork<http://worldcat.org/entity/work/id/289828708>
schema:inLanguage"en"
schema:name"The Impact of Uncertain Intellectual Property Rights on the Market For Ideas : Evidence From Patent Grant Delays"
schema:publisher
schema:url

Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.