|
on Intellectual Property Rights |
Issue of 2014‒10‒13
two papers chosen by Giovanni Ramello Università degli Studi del Piemonte Orientale “Amedeo Avogadro” |
By: | George Norman; Lynne Pepall; Dan Richards |
Abstract: | This paper examines the role of patent policy in a spatial model of sequential innovation. Initial entrepreneurs develop a new product market and anticipate that subsequent innovation may lead to a product line that consumers value more highly. The likelihood of sequential innovation increases with the number of initial early entrants in the market. Patent protection that encourages early entry can therefore raise the probability of both initial and subsequent innovation. We determine the optimal patent breadth as a function of key industry characteristics of both consumer taste and the new technology. |
Keywords: | sequential innovation, patent policy, entry |
JEL: | L5 O25 |
URL: | http://d.repec.org/n?u=RePEc:tuf:tuftec:0786&r=ipr |
By: | Rajah Rasiah (University of Malaya, Malaysia) |
Abstract: | The Policy Brief suggests initiatives that poorer ASEAN member governments should take to stimulate technological upgrading of firms at the bottom with a focus on innovation, and discusses the governance framework of intellectual property rights (IPRs) in ASEAN. With an emphasis on technology as the driver of economic growth, typologies of taxonomies and trajectories are used to evolve a policy framework to coordinate the relationship between macro-institutions, meso-organizations and micro-agents (firms) for ASEAN members to transform from developing nations to join Singapore as developed nations. Recognizing the varying capacities of ASEAN members, the paper recommends that a common platform of IPRs be developed with the more developed members assisting the least developed ASEAN members to quicken the development of a technologically more egalitarian region. |
Date: | 2014–06 |
URL: | http://d.repec.org/n?u=RePEc:era:wpaper:pb-2014-06&r=ipr |