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The Choice between Formal and Informal Intellectual Property: A Literature Review

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  • Bronwyn H. Hall
  • Christian Helmers
  • Mark Rogers
  • Vania Sena

Abstract

We survey the economic literature, both theoretical and empirical, on the choice of intellectual property protection by firms. Our focus is on the tradeoffs between using patents and disclosing versus the use of secrecy, although we also look briefly at the use of other means of formal intellectual property protection.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17983.

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Date of creation: Apr 2012
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Publication status: published as The choice between formal and informal intellectual property: A review, with Christian Helmers, Mark Rogers, and Vania Sena, March 2012, revised May 2013, forthcoming in the Journal of Economic Literature. NBER Working Paper No. 17983.
Handle: RePEc:nbr:nberwo:17983

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References

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  1. Carlos J. Ponce & Emeric Henry, 2011. "Waiting to Imitate: On the Dynamic Pricing of Knowledge," Sciences Po publications info:hdl:2441/eu4vqp9ompq, Sciences Po.
  2. Klaus Kultti & Tuomas Takalo & Juuso Toikka, 2007. "Secrecy versus patenting," RAND Journal of Economics, RAND Corporation, RAND Corporation, vol. 38(1), pages 22-42, 03.
  3. David Encaoua & Yassine Lefouili, 2005. "Choosing intellectual protection : imitation, patent strength and licensing," Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1) v06039, Université Panthéon-Sorbonne (Paris 1), revised Mar 2006.
  4. Paul H. Jensen & Elizabeth Webster, 2009. "Knowledge management: does capture impede creation?," Industrial and Corporate Change, Oxford University Press, vol. 18(4), pages 701-727, August.
  5. Nuvolari, A., 2004. "Collective invention during the British Industrial Revolution: the case of the Cornish pumping engine," Eindhoven Center for Innovation Studies (ECIS) working paper series, Eindhoven Center for Innovation Studies (ECIS) 04.02, Eindhoven Center for Innovation Studies (ECIS).
  6. Ivan Png & Qiu-hong Wang, 2007. "Copyright Duration and the Supply of Creative Work," Levine's Working Paper Archive 321307000000000478, David K. Levine.
  7. Schneider, Cédric, 2008. "Fences and competition in patent races," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 26(6), pages 1348-1364, November.
  8. Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2000. "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)," NBER Working Papers 7552, National Bureau of Economic Research, Inc.
  9. John P. Walsh & Sadao Nagaoka, 2009. "How ’Open ’ is Innovation in the US and Japan?: Evidence from the RIETI-Georgia Tech inventor survey," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 09022, Research Institute of Economy, Trade and Industry (RIETI).
  10. Ari Hyytinen & Mika Pajarinen, 2005. "External Finance, Firm Growth and the Benefits of Information Disclosure: Evidence from Finland," European Journal of Law and Economics, Springer, Springer, vol. 19(1), pages 69-93, January.
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Citations

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Cited by:
  1. Francisco Ruiz Aliseda & Emeric Henry, 2013. "Innovation beyond Patents: Technological Complexity as a Protection against Imitation," Sciences Po publications 2013-06, Sciences Po.
  2. Bronwyn H. Hall & Christian Helmers & Mark Rogers & Vania Sena, 2013. "The importance (or not) of patents to UK firms," Oxford Economic Papers, Oxford University Press, vol. 65(3), pages 603-629, July.
  3. BELLELFLAMME, Paul & BLOCH , Francis & ,, 2013. "Dynamic protection of innovations through patents and trade secrets," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 2013059, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  4. MORIKAWA Masayuki, 2014. "Innovation in the Service Sector and the Role of Patents and Trade Secrets," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 14030, Research Institute of Economy, Trade and Industry (RIETI).
  5. repec:nsr:niesrd:410 is not listed on IDEAS
  6. Nicola C Searle & Gavin C Reid, . "Firm size and trade secret intensity: evidence from the Economic Espionage Act," CRIEFF Discussion Papers, Centre for Research into Industry, Enterprise, Finance and the Firm 1203, Centre for Research into Industry, Enterprise, Finance and the Firm.

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