Patent Rights and Innovation: Evidence from the Semiconductor Industry
Research Handbook on the Economics of Intellectual Property (Edward Elgar, Peter Menell, David Schwartz, & Ben Depoorter, eds. Forthcoming)
32 Pages Posted: 18 Aug 2017
Date Written: August 15, 2017
This chapter describes empirical findings from studies that examine the relationship between patent rights and innovative activity in the U.S. semiconductor industry. How important are patent rights as a stimulus to innovation investment in this sector? What strategies do firms adopt to navigate the patent landscape and access technologies? To what extent, if at all, do patent rights deter follow-on innovations?
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