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Reinventing Public R&D: Patent Policy and the Commercialization of National Laboratory Technologies

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Author Info
Jaffe, Adam B
Lerner, Josh

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Abstract

When innovations are heterogeneous, it may be advantageous to provide a variety of patents. By trading off patent breadth for length, it is possible that fees are not needed in the optimal policy. We present two examples. The first is a quality-ladder model, in which innovations benefit society directly as well as through their use as building blocks to future inventions, and the rate of arrival for the future innovation is unobserved. More fertile innovations get more breadth for a shorter time. Menus may also be useful in the case of horizontal product differentiation. Copyright 2001 by the RAND Corporation.

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Publisher Info
Article provided by The RAND Corporation in its journal RAND Journal of Economics.

Volume (Year): 32 (2001)
Issue (Month): 1 (Spring)
Pages: 167-98
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Handle: RePEc:rje:randje:v:32:y:2001:i:1:p:167-98

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  1. James D. Adams & Eric P. Chiang & Jeffrey L. Jensen, 2003. "The Influence of Federal Laboratory R&D on Industrial Research," Rensselaer Working Papers in Economics 0301, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
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  2. David Popp, 2005. "They Don't Invent Them Like They Used To: An Examination of Energy Patent Citations Over Time," NBER Working Papers 11415, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Alessandro Malipiero & Federico Munari & Maurizio Sobrero, 2005. "Focal Firms as Technological Gatakeepers within Industrial Districts Knowledge Creation and Dissemination in the Italian Packaging Machinery Industry," DRUID Working Papers 05-05, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies. [Downloadable!]
  4. Pierre Azoulay & Waverly Ding & Toby Stuart, 2006. "The Impact of Academic Patenting on the Rate, Quality, and Direction of (Public) Research Output," NBER Working Papers 11917, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Yi Deng, 2005. "The value of knowledge spillovers," Working Paper Series 2005-14, Federal Reserve Bank of San Francisco. [Downloadable!]
  6. David B. Audretsch & Taylor Aldridge & Alexander Oettl, 2006. "The Knowledge Filter and Economic Growth: The Role of Scientist Entrepreneurship," Papers on Entrepreneurship, Growth and Public Policy 2006-11, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group. [Downloadable!]
  7. David Popp, 2006. "They Don'T Invent Them Like They Used To: An Examination Of Energy Patent Citations Over Time," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 15(8), pages 753-776, November. [Downloadable!] (restricted)
  8. Heisey, Paul W. & Rubenstein, Kelly Day & King, John L., 2006. "Government Patenting And Technology Transfer," Economic Research Report 33597, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  9. Pierre Azoulay & Waverly Ding & Toby Stuart, 2005. "The Determinants of Faculty Patenting Behavior: Demographics or Opportunities?," NBER Working Papers 11348, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  10. Antonelli Cristiano, 2003. "The governance of localized technological knowledge and the evolution of intellectual property rights," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200301, University of Turin. [Downloadable!]
  11. Sharon Belenzon & Mark Schankerman, 2007. "The Impact of Private Ownership, Incentives and Local Development Objectives on University Technology Transfer Performance," CEP Discussion Papers dp0779, Centre for Economic Performance, LSE. [Downloadable!]
  12. Belenzon, Sharon & Schankerman, Mark, 2007. "Harnessing Success: Determinants of University Technology Licensing Performance," CEPR Discussion Papers 6120, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  13. Goktepe, Devrim, 2006. "Identification of University Inventors and University Patenting Patterns at Lund University:Conceptual- Methodological & Empirical Findings," MPRA Paper 1628, University Library of Munich, Germany, revised 24 Nov 2006. [Downloadable!]
  14. Svensson, Roger, 2004. "Commercialization of Patents and External Financing during the R&D-Phase," Working Paper Series 624, Research Institute of Industrial Economics. [Downloadable!]
  15. Yi Deng, 2005. "The Value of Knowledge Flows: Evidence from Patent Citations Data," Computing in Economics and Finance 2005 374, Society for Computational Economics. [Downloadable!]
  16. Deng, Yi, 2005. "The Value of Knowledge Spillovers in the US Semiconductor Industry," Departmental Working Papers 0516, Southern Methodist University, Department of Economics, revised Nov 2006. [Downloadable!]
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