Defensive Disclosure under Antitrust Enforcement
AbstractWe formulate a simple model of optimal defensive disclosure by a monopolist facinguncertain antitrust enforcement and test its implications using unique data on defensivedisclosures and patents by IBM during 1955-1989. Our results indicate that strongerantitrust enforcement leads to more defensive disclosure, that quality inventions aredisclosed defensively, and that defensive disclosure served as an alternative but lesssuccessful mechanism to patenting at IBM in appropriating returns from R&D.
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Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 12-010/2.
Date of creation: 09 Feb 2012
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Antitrust; Defensive Disclosure; Patent; IBM;
Other versions of this item:
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
- M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
- NEP-COM-2012-08-23 (Industrial Competition)
- NEP-IND-2012-08-23 (Industrial Organization)
- NEP-INO-2012-08-23 (Innovation)
- NEP-IPR-2012-08-23 (Intellectual Property Rights)
- NEP-LAW-2012-08-23 (Law & Economics)
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