How does patent transfer affect innovation of firms?

This study examines how a firm's acquisition of external patents affects its rival firms’ innovation activity when a patent can be strategically utilized by the patent purchasing firm. Through our review of patent holdup literature and firms’ strategic utilization of patents, we derive a hypothesis stating that a firm's patent purchase deters its rival firm's development of relevant technologies to that patent if the patent covers crucial technological input for its rival's market operation.Our analysis uses Nortel's patent auction in 2011 and finds supportive evidence for the stated hypothesis. This paper discusses the differences between the nature of the market for patents from the market for technology and how we must incorporate such differences to formulate better innovation policies.
Source: Technological Forecasting and Social Change - Category: Science Source Type: research

Related Links:

Publication date: June 2020Source: Journal of Bone Oncology, Volume 22Author(s): Michala Skovlund Sørensen
Source: Journal of Bone Oncology - Category: Cancer & Oncology Source Type: research
Publication date: Available online 4 April 2020Source: Journal of Geriatric OncologyAuthor(s): Kelly M. Trevino, Amy Stern, Holly G. Prigerson
Source: Journal of Geriatric Oncology - Category: Cancer & Oncology Source Type: research
Publication date: Available online 4 April 2020Source: Journal of Geriatric OncologyAuthor(s): Isacco Desideri, Carlotta Becherini, Luca Visani, Giulia Stocchi, Erika Scoccimarro, Matteo Mariotti, Viola Salvestrini, Silvia Scoccianti, Daniela Greto, Pierluigi Bonomo, Guido Pecchioli, Lorenzo Bordi, Alessandro Della Puppa, Giulio Francolini, Icro Meattini, Lorenzo Livi
Source: Journal of Geriatric Oncology - Category: Cancer & Oncology Source Type: research
Publication date: Available online 4 April 2020Source: Journal of Geriatric OncologyAuthor(s): Joshua B. Cadwell, Anoushka M. Afonso, Armin Shahrokni
Source: Journal of Geriatric Oncology - Category: Cancer & Oncology Source Type: research
Publication date: Available online 4 April 2020Source: Journal of Geriatric OncologyAuthor(s): Claire A. Surr, Rachael Kelley, Alys W. Griffiths, Laura Ashley, Fiona Cowdell, Ann Henry, Michelle Collinson, Ellen Mason, Amanda J. Farrin
Source: Journal of Geriatric Oncology - Category: Cancer & Oncology Source Type: research
Publication date: Available online 3 April 2020Source: Anaesthesia Critical Care &Pain MedicineAuthor(s): Brajesh Kaushal, Sandeep Chauhan, Rohan Magoon, Nitish Naik, Ambuj Roy
Source: Anaesthesia, Critical Care and Pain Medicine - Category: Anesthesiology Source Type: research
Publication date: Available online 3 April 2020Source: Anaesthesia Critical Care &Pain MedicineAuthor(s): Frederic J. Baud, Vincent Jullien, Philippe-Henri Secrétan, Pascal Houzé, Lionel Lamhaut
Source: Anaesthesia, Critical Care and Pain Medicine - Category: Anesthesiology Source Type: research
Publication date: Available online 3 April 2020Source: Anaesthesia &Intensive Care MedicineAuthor(s): Viyayanand Nadella
Source: Anaesthesia and intensive care medicine - Category: Anesthesiology Source Type: research
Publication date: Available online 12 March 2020Source: The Journal of Allergy and Clinical Immunology: In PracticeAuthor(s): Karsten Weller, Tamara Donoso, Markus Magerl, Emel Aygören-Pürsün, Petra Staubach, Inmaculada Martinez-Saguer, Tomasz Hawro, Sabine Altrichter, Karoline Krause, Frank Siebenhaar, Martin Metz, Torsten Zuberbier, Denise Freier, Marcus Maurer
Source: The Journal of Allergy and Clinical Immunology: In Practice - Category: Allergy & Immunology Source Type: research
Publication date: Available online 3 April 2020Source: Autoimmunity ReviewsAuthor(s): Dennis McGonagle, Kassem Sharif, Anthony O'Regan, Charlie Bridgewood
Source: Autoimmunity Reviews - Category: Allergy & Immunology Source Type: research
More News: Mergers and Aquisitions | Science | Study