Arbeitspapier

Firm Reputation and Incentives to Milk Pending Patents

In this paper we develop a theory of patenting in which a firm preserves its reputation to only apply for a patent whenever a truly patentable idea has been generated. Firms have a short-run incentive to deviate and receive additional rents from unworthy pending patents, as well as potential rents from PTO mistakes in granting patents. We provide conditions for reputation to be preserved in equilibrium and analyze which market environments are favorable for such an equilibrium to exist. In particular, we analyze the merits of different patent systems.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4355

Klassifikation
Wirtschaft
Information and Product Quality; Standardization and Compatibility
Firm Organization and Market Structure
Intellectual Property and Intellectual Capital
Thema
pending patents
reputation
patent quality
patent office policy

Ereignis
Geistige Schöpfung
(wer)
Koenen, Johannes
Peitz, Martin
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:47 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

  • Koenen, Johannes
  • Peitz, Martin
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2013

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