Arbeitspapier
The (anti-)competitive effect of intellectual property rights
We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a large sample of Swiss firms. We find that better appropriability conditions at the industry level raise the number of competitors. However, conditional on the given industry structure, individual firms face fewer competitors, if they actually use intellectual property rights. The further impact of fewer competitors is to raise R&D, when initial competition is strong, but to reduce it, when initial competition is weak ("inverted U").
- Sprache
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Englisch
- Erschienen in
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Series: WIFO Working Papers ; No. 577
- Klassifikation
-
Wirtschaft
Innovation and Invention: Processes and Incentives
Management of Technological Innovation and R&D
Intellectual Property and Intellectual Capital
Firm Behavior: Empirical Analysis
- Thema
-
patents
innovation
competition
simultaneous system
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Peneder, Michael
Thompson, Mark
Wörter, Martin
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Institute of Economic Research (WIFO)
- (wo)
-
Vienna
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Peneder, Michael
- Thompson, Mark
- Wörter, Martin
- Austrian Institute of Economic Research (WIFO)
Entstanden
- 2019