Pre-grant patent publication and cumulative innovation

Reiko Aoki, Yossi Spiegel

Research output: Contribution to journalArticle

12 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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Innovation
Patents and inventions
Cumulative innovation
Patents
Innovation model
Consumer surplus
Product market
Invention

All Science Journal Classification (ASJC) codes

  • Industrial and Manufacturing Engineering
  • Industrial relations
  • Strategy and Management
  • Aerospace Engineering

Cite this

Pre-grant patent publication and cumulative innovation. / Aoki, Reiko; Spiegel, Yossi.

In: International Journal of Industrial Organization, Vol. 27, No. 3, 01.05.2009, p. 333-345.

Research output: Contribution to journalArticle

Aoki, Reiko ; Spiegel, Yossi. / Pre-grant patent publication and cumulative innovation. In: International Journal of Industrial Organization. 2009 ; Vol. 27, No. 3. pp. 333-345.
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