R&D Collaboration with uncertain intellectual property rights

• Autores: Dirk Czarnitzki, Katrin Hussinger, Cédric Schneider
• Localización: Review of Industrial Organization, ISSN-e 1573-7160, Vol. 46, Nº. 2, 2015, págs. 183-204
• Idioma: alemán
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• Resumen

  • Patent pendencies create uncertainty in research and development (R&D) collaboration, which can result in a threat of expropriation of unprotected knowledge, reduced bargaining power and enhanced search costs. We show that�depending of the type of collaboration partner and the size of the company�uncertain intellectual property rights (IPRs) lead to reduced collaboration between firms and can, hence, hinder knowledge production. This has implications for technology policy as R&D collaborations are exempt from antitrust legislation in order to increase R&D in the economy. We argue that a functional IPR system is needed for successful utilization of this policy.