Arbeitspapier

Patent Races with Dynamic Complementarity

Recent models of multi-stage R&D have shown that a system of weak intellectual property rights may lead to faster innovation by inducing firms to share intermediate technological knowledge. In this article I introduce a distinction between plain and sophisticated technological knowledge, which has not been noticed so far but plays a crucial role in determining how different appropriability rules affect the incentives to innovate. I argue that the positive effect of weak intellectual property regimes on the sharing of intermediate technological knowledge vanishes when technological knowledge is sophisticated, as is likely to be the case in many high tech industries.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 733

Classification
Wirtschaft
Market Structure, Firm Strategy, and Market Performance: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General

Event
Geistige Schöpfung
(who)
Blasco, Andrea
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
2011

DOI
doi:10.6092/unibo/amsacta/4508
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Blasco, Andrea
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 2011

Other Objects (12)