The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94
Abstract
This paper examines the patenting behavior of firms in an industry characterized by rapid technological change and cumulative innovation. Recent evidence suggests that semiconductor firms do not rely heavily on patents, despite the strengthening of US patent rights in the early 1980s. Yet the propensity of semiconductor firms to patent has risen dramatically over the past decade. This paper explores this apparent paradox by analyzing the patenting activities of almost 100 US semiconductor firms during 1980-94. The results suggest that stronger patents may have facilitated entry by firms in niche product markets, while spawning "patent portfolio races" among capital-intensive firms.Download Info
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Paper provided by University of California at Berkeley in its series Economics Working Papers with number E99-268.Length:
Date of creation: 01 May 1999
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Handle: RePEc:ucb:calbwp:e99-268
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- Bronwyn H. Hall & Rose Marie Ham, 1999. "The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94," NBER Working Papers 7062, National Bureau of Economic Research, Inc.
- Bronwyn H. Hall & Rose Marie Ham, 2000. "The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94," Development and Comp Systems 9912001, EconWPA.
- Hall, Bronwyn H. & Ham, Rose Marie, 1999. "The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94," Department of Economics, Working Paper Series qt2nk0w2hz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- K2 - Law and Economics - - Regulation and Business Law
- L5 - Industrial Organization - - Regulation and Industrial Policy
- M3 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-01-17 (All new papers)
- NEP-HIS-2000-01-17 (Business, Economic & Financial History)
- NEP-INO-2000-01-17 (Innovation)
- NEP-TID-2000-01-17 (Technology & Industrial Dynamics)
References
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Enrique Schroth & Dezsö Szalay, 2005.
"Cash breeds Success: The Role of Financing Constraints in Patent Races,"
Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP)
05.11, Université de Lausanne, Faculté des HEC, DEEP.
- Enrique Schroth & Dezsö Szalay, 2010. "Cash Breeds Success: The Role of Financing Constraints in Patent Races," Review of Finance, European Finance Association, vol. 14(1), pages 73-118.
- Schroth, Enrique & Szalay, Dezsö, 2008. "Cash Breeds Success : The Role of Financing Constraints in Patent Races," The Warwick Economics Research Paper Series (TWERPS) 873, University of Warwick, Department of Economics.
- Hirukawa, Masayuki & Ueda, Masako, 2008. "Venture Capital and Innovation: Which is First?," CEPR Discussion Papers 7090, C.E.P.R. Discussion Papers.
- Macdonald, Stuart, 2004. "When means become ends: considering the impact of patent strategy on innovation," Information Economics and Policy, Elsevier, vol. 16(1), pages 135-158, March.
- Mario Calderini & Andrea Giannaccari, 2006. "Standardisation in the ICT sector: The (complex) interface between antitrust and intellectual property," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 15(6), pages 543-567.
- Paul A. David, 2005. "Can ‘Open Science’ be Protected from the Evolving Regime of IPR Protections?," Industrial Organization 0502010, EconWPA.
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