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on Intellectual Property Rights |
| By: | Ponzetto, Giacomo AM |
| Abstract: | This paper shows that intellectual property rights yield static efficiency gains, irrespective of their dynamic role in fostering innovation. I develop a property-rights model of firm organization with two dimensions of non-contractible investment: how much cost-minimizing effort to exert, and whether to direct it towards partnership or defection. In equilibrium, the first best can be attained if and only if property rights are as strong for intangible as for tangible assets. When IP rights are weaker, the structure of the firm is distorted and efficiency declines. An entrepreneur must either integrate her suppliers, which induces a fall in their investment; or else risk their defection, which entails a waste of her human capital. My model predicts greater prevalence of vertical integration in response to weaker IP rights. It also predicts a switch from integration to outsourcing over the product cycle. Both empirical predictions are consistent with evidence on the organization of multinational companies. As a normative implication, I find that IP rights should be strong but narrowly defined, to protect one business opportunity without holding up its potential spin-offs. |
| Keywords: | Hold-up problem; Intellectual property; Licensing; Organization; Outsourcing; Product cycle; Property rights; Spin-off; Vertical integration |
| JEL: | D23 D86 K11 L22 L24 O34 |
| Date: | 2012–11 |
| URL: | http://d.repec.org/n?u=RePEc:cpr:ceprdp:9212&r=ipr |
| By: | Arts, Sam; Cassiman, Bruno; Veugelers, Reinhilde |
| Abstract: | We study the process of how firms access basic research and translate this into applied research. Drawing on basic research firms develop higher quality technologies and develop these technologies more intensely internally. Critical in this process are boundary crossing inventors – inventors that access basic research by active involvement in basic research projects and subsequent involvement in the development of more applied technologies. Nevertheless, these boundary crossing inventors need to be embedded in a complementary institutional relation between the firm and the organization developing the basic research to have an effect. We examine this process through IMEC, an important basic research organization in nano-electronics, with the explicit mission to bridge the gap between basic research done at universities and applied research developed by industry. |
| Keywords: | basic researcher; industry-science links; inventor; partnership; patents |
| JEL: | O33 |
| Date: | 2012–11 |
| URL: | http://d.repec.org/n?u=RePEc:cpr:ceprdp:9215&r=ipr |
| By: | Najda-Janoszka, Marta |
| Abstract: | In cooperative networks firms appropriate value through bargaining over the economic benefits generated from successful execution of joint tasks and through internalizing the knowledge of partners. Consequently, acquisition and protection of knowledge are the key issues for collaborating parties. Taking into account the shortage of theoretical basis concerning protection of intellectual resources in networks, the paper presents an outline of this subject |
| Keywords: | cooperation; networks; intangible assets; value appropriation |
| JEL: | L14 D85 M20 |
| Date: | 2011–03–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:42583&r=ipr |
| By: | Berntsson Svensson, Richard (Ed.); Berry, Daniel (Ed.); Daneva, Maya (Ed.); Dörr, Jörg (Ed.); Fricker, Samuel A. (Ed.); Herrmann, Andrea (Ed.); Herzwurn, Georg (Ed.); Kauppinen, Marjo (Ed.); Madhavji, Nazim H. (Ed.); Mahaux, Martin (Ed.); Paech, Barbara (Ed.); Penzenstadler, Birgit (Ed.); Pietsch, Wolfram (Ed.); Salinesi, Camille (Ed.); Schneider, Kurt (Ed.); Seyff, Norbert (Ed.); van de Weerd, Inge (Ed.) |
| Abstract: | This ICB Research Report constitutes the proceedings of the following events which were held during the Requirements Engineering: Foundation for Software Quality (REFSQ) conference 2012 in Essen, Germany. Engineering for Sustainable Systems (RE4SuSy), Requirements Engineering Efficiency Workshop REEW 2012), Creativity in Requirements Engineering (CreaRE 2012), Requirements Prioritization for customer oriented Software Development (RePriCo), International Workshop on Software Product Management (IWSPM), Alive Empirical Study, Online Questionnaires, Empirical Research Fair, Doctoral Symposium. -- |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:udeicb:52&r=ipr |