On the Community Patent
The European Union will be introducing a Europe-wide patent, the so-called Community Patent. Its aim is to foster innovative activity, but strategic effects between firms competing in R&D have not been considered in the official discourse. We show that, even if these are taken into account, the Community Patent will increase innovative activity and welfare. On the other hand, if the decision of participating in R&D is considered, then this increased R&D will be concentrated into fewer firms. Furthermore, we show that existing asymmetries between countries and firms are bound to increase.
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| Length: | 32 pages |
| Date of creation: | 2005 |
| Handle: | RePEc:unl:unlfep:wp467 |
| Contact details of provider: | Postal: Campus de Campolide, 1099-032 Lisboa Phone: (351) 21 3801638 Fax: (351) 21 3870933 Web page: http://www.fe.unl.pt Email: More information through EDIRC
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References listed on IDEAS
Please 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.:
- Tom Lee & Louis L. Wilde, 1980. "Market Structure and Innovation: A Reformulation," The Quarterly Journal of Economics, Oxford University Press, vol. 94(2), pages 429-436.
- Seade, Jesus, 1980. "The stability of cournot revisited," Journal of Economic Theory, Elsevier, vol. 23(1), pages 15-27, August.
- Cohen, Wesley M & Klepper, Steven, 1996. "A Reprise of Size and R&D," Economic Journal, Royal Economic Society, vol. 106(437), pages 925-951, July.
- Sutton, John, 1996. "Technology and market structure," European Economic Review, Elsevier, vol. 40(3-5), pages 511-530, April.
- Beath, John & Katsoulacos, Yannis & Ulph, David, 1989.
"Strategic R&D Policy,"
Economic Journal,
Royal Economic Society, vol. 99(395), pages 74-83, Supplemen.
- Beath, John & Katsoulacos, Yannis & Ulph, David, 1988. "Strategic R&D Policy," CEPR Discussion Papers 276, C.E.P.R. Discussion Papers.
- Cefis, Elena, 2003. "Is there persistence in innovative activities?," International Journal of Industrial Organization, Elsevier, vol. 21(4), pages 489-515, April. Full references (including those not matched with items on IDEAS)
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