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Pre-grant patent publication and cumulative innovation

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  • Aoki, Reiko
  • Spiegel, Yossi

Abstract

We examine the implications of pre-grant publication (PP) of patent applications in the context of a cumulative innovation model. We show that PP leads to fewer applications and fewer inventions, but it may raise the probability that new technologies will reach the product market and thereby enhances consumer surplus and possibly total welfare as well.

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Bibliographic Info

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

Volume (Year): 27 (2009)
Issue (Month): 3 (May)
Pages: 333-345

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Handle: RePEc:eee:indorg:v:27:y:2009:i:3:p:333-345

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

Related research

Keywords: R&D Patents Pre-grant patent publication Patenting decision Spillover Consumer surplus Welfare Ex post licensing;

References

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Citations

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Cited by:
  1. Carlos Ponce, 2003. "Knowledge Disclosure as Intellectual Property Rights Protection," Levine's Working Paper Archive 618897000000000550, David K. Levine.
  2. ICHIDA Toshihiro, 2013. "Imitation versus Innovation Costs: Patent policies under common patent length," Discussion papers 13054, Research Institute of Economy, Trade and Industry (RIETI).
  3. Heger, Diana & Zaby, Alexandra K., 2012. "Giving away the game? The impact of the disclosure effect on the patenting decision," ZEW Discussion Papers 12-010, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  4. Johannes Koenen & Martin Peitz, 2011. "The Economics of Pending Patents," CESifo Working Paper Series 3657, CESifo Group Munich.

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