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Patents and R&D: The tournament effect

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  • Chowdhury, Prabal Roy

Abstract

We identify a new route through which patent protection may affect R&D incentives, the tournament effect. It may decrease R\&D incentives, in which case patent protection may either adversely affect the level of R&D, or may discourage licensing. In either case welfare may fall.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 89 (2005)
Issue (Month): 1 (October)
Pages: 120-126

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Handle: RePEc:eee:ecolet:v:89:y:2005:i:1:p:120-126

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References

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  1. Xavier Vives, 2001. "Oligopoly Pricing: Old Ideas and New Tools," MIT Press Books, The MIT Press, edition 1, volume 1, number 026272040x, December.
  2. Michele Boldrin & David K Levine, 2002. "The Case Against Intellectual Property," Levine's Working Paper Archive 618897000000000003, David K. Levine.
  3. Michele Boldrin & David K Levine, 2003. "The Case Against Intellectual Monopoly, Chapter 1," Levine's Working Paper Archive 234936000000000028, David K. Levine.
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Cited by:
  1. Che, Xiaogang & Yang, Yibai, 2009. "Patent Protection with Licensing," MPRA Paper 19438, University Library of Munich, Germany.
  2. Schmitz, Patrick W., 2007. "Exclusive versus non-exclusive licensing strategies and moral hazard," Economics Letters, Elsevier, vol. 97(3), pages 208-214, December.
  3. Marjit, Sugata & Xu, Xinpeng & Yang, Lei, 2009. "Offshore Outsourcing, Contractual R&D and Intellectual Property in Developing Countries," MPRA Paper 19362, University Library of Munich, Germany.
  4. Mukherjee, Arijit & Mukherjee, Soma, 2013. "Technology licensing and innovation," Economics Letters, Elsevier, vol. 120(3), pages 499-502.
  5. Che, Xiaogang & Yang, Yibai, 2009. "Patent Protection with Cooperative R&D Option," MPRA Paper 19437, University Library of Munich, Germany.
  6. Che, Xiaogang & Yang, Yibai, 2009. "Patent Protection with Cooperative R&D Option," MPRA Paper 19436, University Library of Munich, Germany.
  7. Arijit Mukherjee & Prabal Roy chowdhury, 2013. "Innovation and social desirability of merger," Economics Bulletin, AccessEcon, vol. 33(1), pages 348-360.

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