Header

UZH-Logo

Maintenance Infos

Intellectual property rights in a quality-ladder model with persistent leadership


Kiedaisch, Christian (2015). Intellectual property rights in a quality-ladder model with persistent leadership. European Economic Review, 80:194-213.

Abstract

This paper analyzes the effects of intellectual property rights in a quality-ladder model of endogenous growth in which incumbent firms preemptively innovate in order to keep their position of leadership. Unlike in models with leapfrogging, granting forward protection, and imposing a non-obviousness requirement reduces growth. In the main case where entrants and incumbents have free access to the same R&D technology, infinite protection against imitation, granted independently of the size of the lead, maximizes growth. If entrants have to engage in costly catch up before they can undertake frontier R&D, growth is maximal for a finite (expected) length of protection against imitation.

Abstract

This paper analyzes the effects of intellectual property rights in a quality-ladder model of endogenous growth in which incumbent firms preemptively innovate in order to keep their position of leadership. Unlike in models with leapfrogging, granting forward protection, and imposing a non-obviousness requirement reduces growth. In the main case where entrants and incumbents have free access to the same R&D technology, infinite protection against imitation, granted independently of the size of the lead, maximizes growth. If entrants have to engage in costly catch up before they can undertake frontier R&D, growth is maximal for a finite (expected) length of protection against imitation.

Statistics

Citations

1 citation in Web of Science®
1 citation in Scopus®
Google Scholar™

Altmetrics

Downloads

24 downloads since deposited on 05 Nov 2015
19 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Uncontrolled Keywords:Intellectual property rights, cumulative innovation, persistent leadership, forward protection, non-obviousness requirement
Language:English
Date:2015
Deposited On:05 Nov 2015 08:50
Last Modified:08 Dec 2017 14:36
Publisher:Elsevier
ISSN:0014-2921
Publisher DOI:https://doi.org/10.1016/j.euroecorev.2015.09.005

Download

Download PDF  'Intellectual property rights in a quality-ladder model with persistent leadership'.
Preview
Content: Accepted Version
Filetype: PDF
Size: 655kB
View at publisher
Download PDF  'Intellectual property rights in a quality-ladder model with persistent leadership'.
Preview
Content: Accepted Version
Filetype: PDF
Size: 473kB