Konferenzbeitrag

The Consequences of Radical Patent-Regime Change

This paper analyzes the consequences of radical patent-regime change by exploiting a natural experiment: the forced adoption of the Prussian patent system in territories annexed after the Austro-Prussian War of 1866. Compared to other German states, Prussia granted patents more restrictively by setting higher novelty requirements. Though, patent fees were much lower. By using novel hand-collected data, we show that the forced adoption of the Prussian patent law caused a massive drop in the number of patents per capita in annexed territories. By contrast, we find a significantly positive effect of patent-regime change on world-fair exhibits per capita, which we use as a proxy for non-patented innovation. We interpret this finding as evidence that restricting the granting of patents, which creates more competition, is conducive for the generation of innovation.

Sprache
Englisch

Erschienen in
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2019: 30 Jahre Mauerfall - Demokratie und Marktwirtschaft - Session: Economic History I ; No. B24-V3

Klassifikation
Wirtschaft
Property Law
Economics of Regulation
Industrialization; Manufacturing and Service Industries; Choice of Technology
Thema
Innovation
Intellectual Property
Patents
Patent Law
Technological Change

Ereignis
Geistige Schöpfung
(wer)
Donges, Alexander
Selgert, Felix
Ereignis
Veröffentlichung
(wer)
ZBW - Leibniz-Informationszentrum Wirtschaft
(wo)
Kiel, Hamburg
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Konferenzbeitrag

Beteiligte

  • Donges, Alexander
  • Selgert, Felix
  • ZBW - Leibniz-Informationszentrum Wirtschaft

Entstanden

  • 2019

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