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
Englisch

Erschienen in
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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Peneder, Michael
  • Thompson, Mark
  • Wörter, Martin
  • Austrian Institute of Economic Research (WIFO)

Entstanden

  • 2019

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