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on Intellectual Property Rights |
By: | Rey, Patrick; Tirole, Jean |
Abstract: | The paper makes two related contributions. First, and in contrast with the rich body of literature on collusion with (mainly perfect) substitutes, it derives general results on the sustainability of tacit coordination for a class of nested demand functions that allows for the full range between perfect substitutes and perfect complements. Second, it studies the desirability of joint marketing alliances, an alternative to mergers. It shows that a combination of two informationfree regulatory requirements, mandated unbundling by the joint marketing entity and unfettered independent marketing by the firms, makes joint-marketing alliances always socially desirable, whether tacit coordination is feasible or not. |
Keywords: | tacit collusion, cooperation, substitutes and complements, essentiality, joint marketing agreements, patent pools, independent licensing, unbundling, co-opetition. |
JEL: | D43 L24 L41 O34 |
Date: | 2013–10–23 |
URL: | http://d.repec.org/n?u=RePEc:tse:wpaper:27695&r=ipr |
By: | Joshua S. Gans; Fiona E. Murray; Scott Stern |
Abstract: | This paper provides a theoretical investigation of the tension over knowledge disclosure between firms and their scientific employees. While empirical research suggests that scientists exhibit a ‘taste for science,’ such open disclosures can limit a firm’s competitive advantage. To explore how this tension is resolved we focus on the strategic interaction between researchers and firms bargaining over whether (and how) knowledge will be disclosed. We evaluate four disclosure strategies: secrecy, patenting, open science (scientific publication) and patent-paper pairs providing insights into the determinants of the disclosure strategy of a firm. We find that patents and publications are complementary instruments facilitating the disclosure of knowledge and, counter-intuitively, that stronger IP protection regimes are likely to drive openness by firms. |
JEL: | M55 O32 O34 |
Date: | 2013–10 |
URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:19560&r=ipr |
By: | Ernest Miguélez (Economics and Statistics Division, World Intellectual Property Organization & AQR-IREA & CReAM); Rosina Moreno (Faculty of Economics, University of Barcelona) |
Abstract: | The purpose of this paper is to assess the extent to which regions’ absorptive capacity determines knowledge flows’ impact on regional innovation intensity. In particular, it looks at the role of the cross-regional co-patenting and mobility of inventors in fostering innovation, and how regions with large absorptive capacity make the most of these two phenomena. The paper uses a panel of 274 regions over 8 years to estimate a regional knowledge production function with fixed-effects. Network and mobility variables, and interactions with regions’ absorptive capacity, are included among the r.h.s. variables to test the hypotheses. We find evidence of the role of both mobility and networks. However, inflows of inventors are critical for wealthier regions, while have more nuanced effects for less developed areas. It also shows that regions’ absorptive capacity critically adds an innovation premium to the benefits to tap into external knowledge pools. Indeed, the present study corroborates earlier work on the role of mobility and networks for spatial knowledge diffusion and subsequent innovation. However, it clearly illustrates that a certain level of technological development is critical to take advantage of these phenomena, and therefore “one-size-fits-all” innovation policies need to be reconsidered. |
Keywords: | absorptive capacity, inventor mobility, spatial networks, patents, regional innovation. JEL classification: |
Date: | 2013–10 |
URL: | http://d.repec.org/n?u=RePEc:ira:wpaper:201316&r=ipr |
By: | Francesco Rullani (Dept. of Business and Management, LUISS Guido Carli Author-Name: Markus C. Becker; Strategic Organization Design Unit, University of Southern Denmark); Francesco Zirpoli (Dept. of Management, Università Ca' Foscari Venice) |
Abstract: | This paper casts light on the role of initial code release for providing coordination of joint search processes, i.e., search processes that involve several agents who search together. We develop hypotheses about the role of initial code release for providing coordination, and for whether development projects remain active. We test these hypotheses on a dataset of 5703 open source software projects registered on SourceForge during a two-year period. We find that initial code release is indeed associated with improved coordination, and a higher chance that software development projects will actually release further code subsequently. We contribute to theory on coordination in joint search, common in distributed innovation settings. |
Keywords: | artefact, coordination, open source, distributed innovation, innovation process, search process |
JEL: | O32 O33 M21 |
Date: | 2013–10 |
URL: | http://d.repec.org/n?u=RePEc:vnm:wpdman:56&r=ipr |