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The optimal life of a patent when the timing of innovation is stochastic

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  • Denicolo, Vincenzo

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Bibliographic Info

Article provided by Elsevier in its journal International Journal of Industrial Organization.

Volume (Year): 17 (1999)
Issue (Month): 6 (August)
Pages: 827-846

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Handle: RePEc:eee:indorg:v:17:y:1999:i:6:p:827-846

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Web page: http://www.elsevier.com/locate/inca/505551

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  1. Stiglitz, Joseph E, 1969. "Theory of Innovation: Discussion," American Economic Review, American Economic Association, vol. 59(2), pages 46-49, May.
  2. Nancy T. Gallini, 1992. "Patent Policy and Costly Imitation," RAND Journal of Economics, The RAND Corporation, vol. 23(1), pages 52-63, Spring.
  3. Glenn C. Loury, 1976. "Market Structure and Innovation," Discussion Papers 256, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  4. Gilbert, R. & Shapiro, C., 1988. "Optimal Patent Length And Breadth," Papers 28, Princeton, Woodrow Wilson School - Discussion Paper.
  5. Lee, Tom & Wilde, Louis L, 1980. "Market Structure and Innovation: A Reformulation," The Quarterly Journal of Economics, MIT Press, vol. 94(2), pages 429-36, March.
  6. Scherer, F M, 1972. "Nordhaus' Theory of Optimal Patent Life: A Geometric Reinterpretation," American Economic Review, American Economic Association, vol. 62(3), pages 422-27, June.
  7. Klemperer, Paul, 1990. "How Broad Should the Scope of Patent Protection Be?," CEPR Discussion Papers 392, C.E.P.R. Discussion Papers.
  8. Howard F. Chang, 1995. "Patent Scope, Antitrust Policy, and Cumulative Innovation," RAND Journal of Economics, The RAND Corporation, vol. 26(1), pages 34-57, Spring.
  9. DeBrock, Lawrence M, 1985. "Market Structure, Innovation, and Optimal Patent Life," Journal of Law and Economics, University of Chicago Press, vol. 28(1), pages 223-44, April.
  10. Denicolo, Vincenzo, 1996. "Patent Races and Optimal Patent Breadth and Length," Journal of Industrial Economics, Wiley Blackwell, vol. 44(3), pages 249-65, September.
  11. Michael K. Berkowitz & Y. Kotowitz, 1982. "Patent Policy in an Open Economy," Canadian Journal of Economics, Canadian Economics Association, vol. 15(1), pages 1-17, February.
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Cited by:
  1. ICHIDA Toshihiro, 2013. "Imitation versus Innovation Costs: Patent policies under common patent length," Discussion papers 13054, Research Institute of Economy, Trade and Industry (RIETI).
  2. Gilroy, Bernard Michael & Volpert, Tobias, 2002. "Economic Insights and Deficits in European Biotechnology Patent Policy," MPRA Paper 22619, University Library of Munich, Germany.
  3. Yerokhin, Oleg & Moschini, GianCarlo, 2007. "Intellectual Property Rights and Crop-Improving R&D Under Adaptive Destruction," Staff General Research Papers 12825, Iowa State University, Department of Economics.
  4. Koo, Bonwoo & Wright, Brian D., 2002. "Economics of patenting a research tool: participation and productivity," EPTD discussion papers 88, International Food Policy Research Institute (IFPRI).
  5. By Kenneth L. Judd & Karl Schmedders & Şevin Yeltekin, 2012. "Optimal Rules For Patent Races," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(1), pages 23-52, 02.
  6. Yuan, Michael Y., 2005. "Does decrease in copying cost support copyright term extension?," Information Economics and Policy, Elsevier, vol. 17(4), pages 471-494, October.
  7. Nadolnyak, Denis A. & Sheldon, Ian M., 2002. "A Model Of Development Of Agricultural Biotechnological Innovations: Patent Policy Analysis," 2002 Annual meeting, July 28-31, Long Beach, CA 19802, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  8. Fershtman, Chaim & Markovich, Sarit, 2010. "Patents, imitation and licensing in an asymmetric dynamic R&D race," International Journal of Industrial Organization, Elsevier, vol. 28(2), pages 113-126, March.
  9. Gilroy, Bernard Michael & Vollpert, Tobias, 2002. "Die europäische Richtlinie für Genpatente - eine ordnungspolitische Institution aus Sicht der Patenttheorie
    [The european guideline for genetic patents - a regulative institution from the perspec
    ," MPRA Paper 18965, University Library of Munich, Germany.
  10. Michael Yuan, 2006. "A better copyright system? comparing welfare of indefinitely renewable copyright versus fixed-length copyright," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(6), pages 519-542.

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