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On the Enablement Function of Patents

Author

Listed:
  • Yoon Hwan Hahn

    (Korea Advanced Institute of Science and Technology)

  • Pyungil Yu

    (Korea Advanced Institute of Science and Technology)

  • Soo Cheon Kweon

    (Electronincs and Telecommunications Research Institute)

Abstract

Disclosure requirement of patent system enables innovators other than the pat-entee to improve the patented technology. Starting from patentee's efforts to dis-close the minimum amount of information on patented technology to avoid profit erosion from competition with improved products in the product market, we address a novel question of how to induce a patentee to voluntarily disclose the maximum amount of information on his/her invention. Based upon recent litera-ture on patent and related innovation policy under sequential innovation it is ar-gued that with properly adjusted patent scope, competition policy should allow ex post collusive agreements for production joint ventures between sequential innova-tors so as to encourage the voluntary disclosure of information by an early inno-vator to subsequent innovators.

Suggested Citation

  • Yoon Hwan Hahn & Pyungil Yu & Soo Cheon Kweon, 1997. "On the Enablement Function of Patents," Korean Economic Review, Korean Economic Association, vol. 13(2), pages 145-159.
    • Handle: RePEc:kea:keappr:ker-199712-13-2-09
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    More about this item

    Keywords

    Patent; Information Disclosure; Cumulative Innovation;
    All these keywords.

    JEL classification:

    • K2 - Law and Economics - - Regulation and Business Law
    • L4 - Industrial Organization - - Antitrust Issues and Policies
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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