Acquisitions for Sleep

被引：2

作者：

Norback, Pehr-Johan ^{[1
]}

Olofsson, Charlotta ^{[1
,2
]}

Persson, Lars ^{[1
]}

机构：

[1] Res Inst Ind Econ, Grevgatan 34, S-10215 Stockholm, Sweden

[2] Lund Univ, Grevgatan 34, S-10215 Stockholm, Sweden

来源：

B E JOURNAL OF ECONOMIC ANALYSIS & POLICY | 2020年 / 20卷 / 02期

关键词：

acquisitions; innovation; sleeping patents; IP law; ownership; PATENT; TECHNOLOGY; STRATEGIES; AUCTIONS; MARKET; IDEAS;

D O I：

10.1515/bejeap-2019-0021

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be higher than the entry-deterring value. We then show that the incentive for acquiring for the purpose of putting a patent to sleep decreases when the intellectual property law is stricter because the profit for the entrant then increases more than the entry-deterring value does.

引用

页数：13

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