nep-ipr New Economics Papers
on Intellectual Property Rights
Issue of 2011‒01‒16
five papers chosen by
Roland Kirstein
Otto von Guericke University Magdeburg

  1. How SMEs Exploit Their Intellectual Property Assets: Evidence from Survey Data By Gaétan de Rassenfosse
  3. Economics of co-authorship By Bruno, Bruno
  4. The Impact of Technology Licensing Payment Mechanisms on Firms' Innovative Performance By Jung Eun Lee; Younghoon Kim; Yeonbae Kim; Donghyuk Choi
  5. Effects of Piracy and Digital Rights Management on the Online Music Market in Korea By Dongook Choi; Yeonbae Kim

  1. By: Gaétan de Rassenfosse (Melbourne Institute of Applied Economic and Social Research, and Intellectual Property Research Institute of Australia, The University of Melbourne)
    Abstract: This paper seeks to understand how motives to patent affect the use of the patent portfolio with a particular focus on motives aimed at the monetization of intellectual property (IP). The analysis relies on data from an international survey conducted by the European Patent Office (EPO). The main results can be summarized as follows. First, small and medium-sized enterprises (SMEs) exhibit a much stronger reliance on ‘monetary patents’ than large companies and nearly half of the SMEs in the sample patent for monetary reasons. Second, SMEs tend to use their patents more actively than large firms. Third, smaller companies generally have a higher proportion of their portfolio that is licensed but the licensing rate is significantly higher in the U.S. An American SME is twice as likely as a European SME to have a high share of its portfolio that is actually licensed, witnessing a fragmented market for technology in Europe.
    Keywords: Financing constraint, intellectual property strategy, market for technology, motives to patent, multivariate ordered models, technology licensing
    JEL: O32 O34 O38 G21 G24
    Date: 2010–12
  2. By: Cosmin MARIN (BSc, BA, PMP, Solution Director AAM Consulting)
    Abstract: Modern concepts, like team collaboration and project management, have to backed up by modern software tools, with economic efficiency.
    Keywords: Open Source, Collaborative, Project Management, Software
    JEL: N10
    Date: 2010–08
  3. By: Bruno, Bruno
    Abstract: Starting from the literature on the rising incidence of co-authorship in economics, choices about co-authorship are analyzed with a theoretical model, assuming that authors optimize the returns from publications. Results show that co-authorship behavior depends both on the technology of the production of economic research and on the reward system that a researcher faces. Two pay structures are considered, one that is proportional to the number of authors and one that is not. The researchers’ heterogeneity implies a trade-off for the policy maker between the objective of effort maximization and the objective of selection of better researchers. The trade-off is more relevant when low-quality researchers choose to engage in opportunistic behavior to gain from higher-quality collaborations.
    Keywords: Co-authorship; Academic research; returns from publications
    JEL: D0 J40 A11
    Date: 2010–12
  4. By: Jung Eun Lee; Younghoon Kim; Yeonbae Kim (Technology Management, Economics, and Policy Program (TEMEP), Seoul National University); Donghyuk Choi (Technology Management, Economics, and Policy Program (TEMEP), Seoul National University)
    Abstract: Although numerous papers have examined the ways in which firms can improve their innovative performance through technology alliances, empirical research on the effect of contract structures in technology licensing has been scarce. This study provides evidence that the payment mechanisms agreed upon in licensing contracts affect the licensee firms¡¯ innovative performance. Based on a dataset of technology licensing contracts concluded by small- and medium-sized enterprises around the world, this paper analyzes the influence of fixed-fee payments and ongoing payments?including royalty, milestone, and equity payments?on firm performance. The findings reveal that ongoing payments are more likely to positively influence the innovative performance of licensee firms. The results also suggest that equity grants to the licensor would not impact the licensee¡¯s performance as much as fixed-fee payments. These outcomes provide crucial insights into the ways in which small high-tech firms can utilize their external technology resources.
    Keywords: Technology licensing, payment mechanism, innovative performance, small-and-medium-sized enterprises.
    JEL: L24 O31 C35
    Date: 2010–12
  5. By: Dongook Choi (ESSEC Business School, France); Yeonbae Kim (Technology Management, Economics, and Policy Program (TEMEP), Seoul National University)
    Abstract: This study attempted to identify the relationship among user demand for online music, unauthorized file-sharing activities (piracy), and the effect of digital rights management (DRM) in Korea. Empirical analysis showed that piracy and DRM have negative effects on the demand for online music. In addition, DRM augmented piracy during the study period, resulting in a negative overall effect on demand.
    Keywords: Online music, digital music, digital rights management, file sharing, piracy.
    JEL: L82 L86
    Date: 2010–12

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