Radio “Fences” and Inventor Attention to Property Rights: Evidence from Wireless Patents
Sarah Oh ()
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Sarah Oh: Technology Policy Institute
Review of Industrial Organization, 2020, vol. 56, issue 1, No 4, 37-72
Abstract:
Abstract Do the inventors of radio “fences” (which restrict transmissions externalities) care about property rights? I hypothesize that inventors do pay attention to policy regimes such as licensed and unlicensed spectrum when building technologies to handle interference. To answer this question, I conduct textual analysis of 500,000 wireless patents to estimate inventor attention to property rights. I find that inventors are more likely to mention interference and sensor technology if they mention property rights, than if they do not discuss property rights. While further research is needed to determine causality, textual analysis provides evidence of inventor attention to property rights regimes.
Keywords: Property rights; Spectrum policy; Textual analysis (search for similar items in EconPapers)
JEL-codes: K11 K23 L51 L96 O31 P14 P48 (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/s11151-018-9665-5
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