Patents, Competition, and Firms' Innovation Incentives

被引：13

作者：

Beneito, Pilar ^{[1
,2
]}

Engracia Rochina-Barrachina, Maria ^{[2
,3
]}

Sanchis, Amparo ^{[1
,2
]}

机构：

[1] Univ Valencia, Fac Econ, Dept Anal Econ, Valencia 46022, Spain

[2] ERICES, Valencia 46022, Spain

[3] Univ Valencia, Fac Econ, Dept Estruct Econ, Valencia 46022, Spain

来源：

INDUSTRY AND INNOVATION | 2014年 / 21卷 / 04期

关键词：

IPRs; patents; competition; innovation; INTELLECTUAL PROPERTY-RIGHTS; RESEARCH-AND-DEVELOPMENT; PRODUCTIVITY; PROTECTION; IMPACT;

D O I：

10.1080/13662716.2014.934546

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper presents fresh evidence on the interaction between industrial property rights (patents) and competition, and their joint effect on firms' innovation. We use panel data of Spanish manufacturing firms for 1990-2006, as well as external information on European Patent Office and US Patent Office patent counts. We construct a new synthetic measure of competition and estimate the impact of patents on this measure at the industry level. Then, the effect of industry-wide competition and patenting on firms' innovation is estimated at the firm level. Our results suggest that patents reduce the level of competition in the industry, whereas the effect of competition on innovation varies with the type of innovation indicator. Thus, by lowering competition, patents in an industry exert an indirect effect on innovation besides their direct effect. In addition, interaction effects between patents and competition indicate that patents soften the impact of competition changes on firms' innovation.

引用

页码：285 / 309

页数：25

共 36 条

[1] Competition and innovation: An inverted-U relationship [J].