R&D Collaboration with Uncertain Intellectual Property Rights

Dirk Czarnitzki, Katrin Hussinger and Cédric Schneider

Review of Industrial Organization, 2015, vol. 46, issue 2, 183-204

Abstract: Patent pendencies create uncertainty in research and development (R&D) collaboration, which can result in a threat of expropriation of unprotected knowledge, reduced bargaining power and enhanced search costs. We show that—depending of the type of collaboration partner and the size of the company—uncertain intellectual property rights (IPRs) lead to reduced collaboration between firms and can, hence, hinder knowledge production. This has implications for technology policy as R&D collaborations are exempt from antitrust legislation in order to increase R&D in the economy. We argue that a functional IPR system is needed for successful utilization of this policy. Copyright Springer Science+Business Media New York 2015

Keywords: Intellectual property; Patents; R&D collaboration; Uncertainty; O31; O38 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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Working Paper: R&D collaboration with uncertain intellectual property rights (2011)
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DOI: 10.1007/s11151-015-9449-0

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