Economics of Research Exemption
Sadao Nagaoka and
No 06-04, IIR Working Paper from Institute of Innovation Research, Hitotsubashi University
We provide an economic analysis of two types of research exemptions: (1) experimentation and research on the patented subject matter, and (2) academic (or non-commercial) research with the patented invention. We find that exemption for research on improving or inventing-around the subject matter makes good economic sense in the context of perpetual R&D competition, although it may not in the context of pioneer-follower innovation framework. The best approach might be to provide broad research exemption on the research on subject matter (more generally exemption for research using the knowledge disclosed in the invention that is useful for improving its subject matter), while strong protection is provided for a pioneering invention in the product market in terms of the breadth of claims. Exemption for experimentation on the subject matter for the purpose of verification of inventions also is sensible. On the other hand, we find that research exemption is a blunt tool for promoting academic research, with a negative effect on the development of research tool. In addition, it is not clear whether research exemption is necessary for efficient and coordinated price discrimination in favor of academic researches.
Keywords: research exemption; research tools; patents; sequential innovation (search for similar items in EconPapers)
JEL-codes: O31 O34 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Working Paper: Economics of Research Exemption (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hit:iirwps:06-04
Access Statistics for this paper
More papers in IIR Working Paper from Institute of Innovation Research, Hitotsubashi University Contact information at EDIRC.
Bibliographic data for series maintained by Digital Resources Section, Hitotsubashi University Library ().