Innovation and imitation under imperfect patent protection

被引:23
作者
Takalo, T [1 ]
机构
[1] Univ Helsinki, Dept Econ, FIN-00014 Helsinki, Finland
关键词
patent policy; secrecy; spillovers;
D O I
10.1007/BF01234644
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper develops a model in which the spillover of R&D is a consequence of a rational investment in imitation. The model incorporates the innovator's choice between patenting and secrecy as a protection device. The analysis demonstrates that an increase in patent breadth always discourages resorting to secrecy, whereas the influence of increased patent life is the opposite with large spillovers. An increase in patent life can also reduce innovative activity with large spillovers. Under endogenous imitation, short patents are socially optimal.
引用
收藏
页码:229 / 241
页数:13
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