nep-ipr New Economics Papers
on Intellectual Property Rights
Issue of 2022‒10‒03
three papers chosen by
Giovanni Ramello
Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

  1. Improving Patent Assignee-Firm Bridge with Web Search Results By Yuheng Ding; Karam Jo; Seula Kim
  2. The resale of luxury goods in the second-hand market: how emotional detachment and professionalization involved in resale affect consumers' perceived value of luxury brands ? By Camille Bardin; Aurélie Kessous
  3. Trade Secret Protection and R&D Investment of Family Firms By Katrin Hussinger; Wunnam Basit Issah

  1. By: Yuheng Ding; Karam Jo; Seula Kim
    Abstract: This paper constructs a patent assignee-firm longitudinal bridge between U.S. patent assignees and firms using firm-level administrative data from the U.S. Census Bureau. We match granted patents applied between 1976 and 2016 to the U.S. firms recorded in the Longitudinal Business Database (LBD) in the Census Bureau. Building on existing algorithms in the literature, we first use the assignee name, address (state and city), and year information to link the two datasets. We then introduce a novel search-aided algorithm that significantly improves the matching results by 7% and 2.9% at the patent and the assignee level, respectively. Overall, we are able to match 88.2% and 80.1% of all U.S. patents and assignees respectively. We contribute to the existing literature by 1) improving the match rates and quality with the web search-aided algorithm, and 2) providing the longest and longitudinally consistent crosswalk between patent assignees and LBD firms.
    Keywords: Innovation, Patent, Patent-firm Concordance, Linked Administrative Data
    Date: 2022–08
  2. By: Camille Bardin (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon); Aurélie Kessous (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon)
    Abstract: This research focuses on consumer behavior in the luxury secondhand market from the perspective of consumer's resale. More specifically, it examines the different stages of resale chronologically, and identifies its implications within the consumer-luxury brand relationship. Through the analysis of 20 semi-structured interviews with French luxury consumers, it confirms, on the one hand, that resale is experienced as an emotional detachment by the consumer. To do so, consumers go through various rituals, and evaluate its results as their relationships with other individuals. Thus, this study demonstrates that the act of reselling luxury products contributes to the construction of consumer's identity. On the other hand, the present research reveals a professionalization of consumers, who establish resale strategies to recreate a luxury experience. More broadly, it shows how resale affects the consumer's perception of the brands' values by altering the symbolic and utilitarian dimensions of luxury brands.
    Keywords: luxury,second-hand,resale Track,: Consumer behavior
    Date: 2022–05–23
  3. By: Katrin Hussinger (Université du Luxembourg); Wunnam Basit Issah (University of Leicester)
    Abstract: Family firms are known for their reluctance to invest in research and development. We show that strengthened trade secret protection is associated with higher R&D investment by family firms. More specifically, we show that the association between the strength of trade secret protection through the U.S. Uniform Trade Secrets Act and R&D investment is positively moderated by family control. Our results further show that the positive moderation of family control on the association between the strength of trade secret protection and R&D investment varies with the industry context, being stronger in high tech industries and weaker in discrete product industries.
    Keywords: Family firms; intellectual property protection; trade secret protection; UTSA; R&D investments; socioemotional wealth.
    Date: 2022

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