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Uncertain Patent Scope and R&D Investment

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Abstract

This paper introduces uncertainty of patent scope in examining R&D investment decisions in pursuit of an uncertain innovation. We find that an increase in the probability of scope protection increases research spending. This finding is opposite of the well-known effect that increased rivalry has on R&D spending.

Suggested Citation

  • Goel, Rajeev K., 2002. "Uncertain Patent Scope and R&D Investment," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 55(1), pages 17-24.
    • Handle: RePEc:ris:ecoint:0194
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    Cited by:

    1. Salvatore Capasso & Rajeev K. Goel & James W. Saunoris, 2023. "The nexus between corruption and academic freedom: An international investigation of the underlying linkages," Contemporary Economic Policy, Western Economic Association International, vol. 41(3), pages 513-531, July.
    2. Jiaming Jiang & Rajeev K. Goel & Xingyuan Zhang, 2020. "IPR policies and determinants of membership in Standard Setting Organizations: a social network analysis," Netnomics, Springer, vol. 21(1), pages 129-154, December.
    3. Rajeev K. Goel, 2020. "IPR infringement in the United States: impacts on the input and output of R&D," The Journal of Technology Transfer, Springer, vol. 45(2), pages 481-493, April.
    4. Rajeev K. Goel & James W. Saunoris, 2020. "Design versus utility innovation: Is corruption sanding or greasing the wheels of innovation?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(5), pages 848-860, July.
    5. Goel, Rajeev K. & Nelson, Michael A. & Goel, Viraat Y., 2021. "COVID-19 vaccine rollout—scale and speed carry different implications for corruption," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 503-520.

    More about this item

    Keywords

    Patent Scope; R&D Investment; Uncertainty;
    All these keywords.

    JEL classification:

    • L00 - Industrial Organization - - General - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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