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The Value of Intellectual Property Rights to Firms

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  • Christine Greenhalgh
  • Mark Rogers

Abstract

Economists view intellectual property rights (IPRs) as policy tools for encouraging innovation. There are many types of IPRs and of institutions concerned with their administration. We begin by outlining how these complex and varied rights are supposed to work and how they interact with other characteristics of firms and markets. We then survey the available literature on patents, trade marks and copyright to assess the value of these IPRs to firms and the costs to firms of acquiring and defending their rights. The paper concludes with suggestions for topics requiring further research to better inform public policy in this field.

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Bibliographic Info

Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 319.

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Date of creation: 01 Apr 2007
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Handle: RePEc:oxf:wpaper:319

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Keywords: Innovation; Intellectual property; Patents; Trade marks; Copyright;

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References

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Citations

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Cited by:
  1. Pilar Beneito & María E. Rochina-Barrachina & Amparo Sanchis, 2012. "Patents, competition and firms’ innovation incentives," Working Papers, Department of Applied Economics II, Universidad de Valencia 1211, Department of Applied Economics II, Universidad de Valencia.
  2. Nicolas van Zeebroeck, 2007. "The puzzle of patent value indicators," Working Papers CEB, ULB -- Universite Libre de Bruxelles 07-023.RS, ULB -- Universite Libre de Bruxelles.
  3. van Pottelsberghe, Bruno & van Zeebroeck, Nicolas, 2008. "Filing Strategies and Patent Value," CEPR Discussion Papers, C.E.P.R. Discussion Papers 6821, C.E.P.R. Discussion Papers.
  4. repec:ebl:ecbull:v:15:y:2008:i:20:p:1-15 is not listed on IDEAS
  5. Nicolas van Zeebroeck, 2007. "Patents only live twice: a patent survival analysis in Europe," Working Papers CEB, ULB -- Universite Libre de Bruxelles 07-028.RS, ULB -- Universite Libre de Bruxelles.

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