Patents, Licensing, And Market Structure In The Chemical Industry
Abstract
The strategies of rent appropriation and market structure are inter- dependent. How firms use patents depends upon industry structure, and in turn, affects industry structure. In the early part of the history of the chemical industry, market leaders combined patents and secrecy to deter entry. Patents were also used to within cartels to organize technology licensing. The role of patents changed in the less concentrated post war markets. In bulk organic chemicals and petrochemicals, even chemical producers use licensing as an important means of generating revenue from process innovations. The increased importance of technology licensing is closely related to the emergence of a class of specialized process design and engineering firms that have played an important role in the development and diffusion of process innovations. In so doing, they have helped lower entry barriers and increase competition in the industry.Download Info
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Paper provided by EconWPA in its series Industrial Organization with number 9605003.Length: 31 pages
Date of creation: 29 May 1996
Date of revision:
Handle: RePEc:wpa:wuwpio:9605003
Note: Type of Document - ps; prepared on IBM PC ; to print on PostScript; pages: 31 ; figures: none. We never published this piece and now we would like to reduce our mailing and xerox cost
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Related research
Keywords: Patents; Licensing; Market Structure; Chemicals;Other versions of this item:
- Arora, Ashish, 1997. "Patents, licensing, and market structure in the chemical industry," Research Policy, Elsevier, vol. 26(4-5), pages 391-403, December.
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Barros, Henrique M., 2008. "The interaction between patents and other appropriability mechanisms: firm-level evidence from UK manufacturing," Ibmec Working Papers wpe_105, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
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- Arora, Ashish & Fosfuri, Andrea, 2003.
"Licensing the market for technology,"
Open Access publications from Universidad Carlos III de Madrid
info:hdl:10016/13388, Universidad Carlos III de Madrid.
- Arora, Ashish & Fosfuri, Andrea, 2003. "Licensing the market for technology," Journal of Economic Behavior & Organization, Elsevier, vol. 52(2), pages 277-295, October.
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"Determinants of proactive and reactive technology licensing: A contingency perspective,"
Research Policy,
Elsevier, vol. 39(1), pages 55-66, February.
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Levine's Working Paper Archive
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American Law and Economics Review,
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