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- W3197003667 abstract "This paper analyzes the effects of a stronger patent regime on innovation incentives, patenting propensity and scientist mobility when an innovating firm can partially recover its damage due to scientist movement from the infringing rival. The strength of the patent system, which is a function of litigation success probability and damage recovery proportion, stipulates expected indemnification. We show that stronger patents fail to reduce the likelihood of infringement and further, decrease the innovation's expected profitability. Higher potential reparation also reduces the scientist's expected return on R&D knowledge, entailing greater R&D investment. Our results suggest important considerations for patent reforms." @default.
- W3197003667 created "2021-09-13" @default.
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- W3197003667 date "2021-01-01" @default.
- W3197003667 modified "2023-09-23" @default.
- W3197003667 title "Stronger Patent Regime, Innovation and Scientist Mobility" @default.
- W3197003667 hasPublicationYear "2021" @default.
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