Pre-grant patent publication and cumulative innovation

Reiko Aoki, Yossi Spiegel

Research output: Contribution to journalArticle

15 Citations (Scopus)

Abstract

We examine the implications of pre-grant publication (PP) of patent applications in the context of a cumulative innovation model. We show that PP leads to fewer applications and fewer inventions, but it may raise the probability that new technologies will reach the product market and thereby enhances consumer surplus and possibly total welfare as well.

Original languageEnglish
Pages (from-to)333-345
Number of pages13
JournalInternational Journal of Industrial Organization
Volume27
Issue number3
DOIs
Publication statusPublished - May 1 2009

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All Science Journal Classification (ASJC) codes

  • Industrial relations
  • Aerospace Engineering
  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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