Patents versus ex post rewards: A new look

By Julien Pénin. 2003

119 citations recorded by the source corpus.

Abstract Economic studies that aim at comparing the patent system social efficiency versus an ex post reward system rest on an outdated view of patents. They assume that firms use the patent system only in order to be granted a short-term commercial monopoly rent. This assumption is convenient because it allows straightforward comparisons between patents and rewards but it is not confirmed by empirical studies, which stress that in many industries most firms use patents as strategic devices to trade technologies and to ease R&D collaborations. This change leads to rethinking the framework of the patent–reward debate.

Subfields: Economics and Econometrics, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/aa9e65cc53ba6cff2f8f0ba1e5b032b9811b7bd3

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Aldo Geuna
2. Roberto Fontana
3. Markus Perkmann
4. Kathryn Walsh
5. Martin S. Meyer
6. Ben R. Martin

In Management of Technology and Innovation

1. Aldo Geuna
2. Roberto Fontana
3. Mireille Matt
4. Markus Perkmann
5. Kathryn Walsh
6. Martin S. Meyer

In Strategy and Management

1. Aldo Geuna
2. Roberto Fontana
3. Mireille Matt
4. Markus Perkmann
5. Kathryn Walsh

Citations in the corpus

• Factors affecting university-industry R&D projects: The importance of searching, screening and signalling (2006, background): “In particular, Penin (2005) argued that there are different ways in which patents as ‘coordinating devices’ can ease collaboration among firms.”