EconPapers    
Economics at your fingertips  
 

The (Anti-)Competitive Effect of Intellectual Property Rights

Michael Peneder, Mark Thompson and Martin Wörter
Authors registered in the RePEc Author Service: Martin Woerter

No 577, WIFO Working Papers from WIFO

Abstract: We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a large sample of Swiss firms. We find that better appropriability conditions at the industry level raise the number of competitors. However, conditional on the given industry structure, individual firms face fewer competitors, if they actually use intellectual property rights. The further impact of fewer competitors is to raise R&D, when initial competition is strong, but to reduce it, when initial competition is weak ("inverted U").

Keywords: competition; innovation; patents; simultaneous system (search for similar items in EconPapers)
Pages: 11 pages
Date: 2019-03
New Economics Papers: this item is included in nep-com, nep-ino, nep-ipr, nep-knm, nep-sbm and nep-tid
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/61712 abstract (text/html)

Related works:
Working Paper: The (Anti-)Competitive Effect of Intellectual Property Rights (2019) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wpaper:y:2019:i:577

Access Statistics for this paper

More papers in WIFO Working Papers from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr (florian.mayr@wifo.ac.at).

 
Page updated 2025-01-04
Handle: RePEc:wfo:wpaper:y:2019:i:577