: Alexandra Zaby
: The Decision to Patent
: Physica-Verlag
: 9783790826128
: 1
: CHF 85.30
:
: Volkswirtschaft
: English
: 166
: Wasserzeichen/DRM
: PC/MAC/eReader/Tablet
: PDF
This book provides a thorough analysis of the decision to apply for a patent. Unlike many other theoretical approaches, the negative effect a patent may have due to the disclosure requirement linked to every patent application is taken into account. Seen in this light, the effects driving the propensity to patent can be identified as the opposing forces of a protective and a disclosure effect.The theoretical investigation includes an analysis of patenting behavior in a setting with vertically and horizontally differentiated products. Due to imperfect patent protection competitors of the patentee may enter the market for the innovative product despite a patent. An empirical investigation of the theoretical results with data from the 2005 Mannheim Innovation Panel in combination with patent information from the European Patent Office provides strong evidence for the main conclusions.
Acknowledgements8
Contents10
List of Symbols12
Chapter 1 Introduction15
1.1 The Patent System20
1.1.1 Disclosure Requirement24
1.1.2 Research Exemption26
1.1.3 Patent Duration27
1.1.4 Patent Scope27
1.1.5 Inventive Step28
1.2 The Economic Analysis of the Propensity to Patent31
1.2.1 The Decision to Patent in the Light of the Protective Effect32
1.2.2 The Decision to Patent in the Light of the Disclosure Effect34
1.3 A New Theoretical Approach to the Propensity to Patent39
1.4 Empirical Insights on the Propensity to Patent43
1.5 Outline of the Book48
Chapter 2 The Decision to Patent with Vertical Product Differentiation50
2.1 The Model Setup51
2.2 Price Competition53
2.3 Quality Choices55
2.3.1 Quality Choices if the Invention is Kept Secret58
2.3.2 Quality Choices if the Invention is Patented63
2.4 The Patenting Decision66
2.5 Licensing70
2.6 Welfare Considerations76
2.6.1 Welfare with Secrecy77
2.6.2 Welfare with a Patent77
2.6.3 Welfare with Licensing78
2.6.4 Welfare Maximizing Appropriation Choice78
2.7 Concluding Remarks80
Chapter 3 An Empirical Investigation of the Decision to Patent with Vertical Product Differentiation83
3.1 Hypotheses and Their Empirical Implementation83
3.2 Sample Definition86
3.3 Variable Definition88
3.4 Empirical Results92
3.5 Concluding Remarks97
Chapter 4 The Decision to Patent with Horizontal Product Differentiation99
4.1 The Model Setup101
4.2 Price Competition103
4.3 Market Entry109
4.4 The Patenting Decision114
4.5 Licensing121
4.6 Welfare Considerations124
4.6.1 Welfare with Secrecy124
4.6.2 Welfare with a Patent125
4.6.3 Welfare with Licensing129
4.6.4 Welfare Maximizing Appropriation Choice129
4.7 Concluding Remarks132
Chapter 5 An Empirical Investigation of the Decision to Patent with Horizontal Product Differentiation135
5.1 Hypotheses and Their Empirical Implementation135
5.2 Sample and Variable Definition138
5.3 Empirical Results139
5.4 Concluding Remarks142
Chapter 6 Summary and Discussion144
Appendix A Proofs of Propositions, Lemmata andCorollaries in Chapter 2154
Appendix B Definition of Industry Dummies160
Appendix C Proofs of Propositions and Lemmata inChapter 4161
References168