R&D collaboration with uncertain intellectual property rights
AbstractPatent pendencies create uncertainty in research and development (R&D) collaboration agreements, resulting in a threat of expropriation of unprotected knowledge by potential partners, reduced bargaining power and enhanced search costs. In this paper, we show that - depending of the type of partner - uncertain intellectual property rights (IPR) lead to reduced collaboration between firms and may hinder the production of knowledge. This has implications for technology policy as R&D collaborations are exempt from anti-trust legislation in order to increase R&D in the economy. We argue that a functional IPR system is needed for successful utilization of this policy.
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Bibliographic InfoPaper provided by Katholieke Universiteit Leuven in its series Open Access publications from Katholieke Universiteit Leuven with number urn:hdl:123456789/296279.
Length: 29 pages
Date of creation: Feb 2011
Date of revision:
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Web page: http://www.kuleuven.be
R&D collaboration; intellectual property; uncertainty; patents;
Other versions of this item:
- Czarnitzki, Dirk & Hussinger, Katrin & Schneider, Cédric, 2011. "R&D collaboration with uncertain intellectual property rights," ZEW Discussion Papers 11-010, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
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- Hussinger, Katrin & Wastyn, Annelies, 2011. "In search for the not-invented-here syndrome: The role of knowledge sources and firm success," ZEW Discussion Papers 11-048, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
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