Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/104474 
Year of Publication: 
2006
Series/Report no.: 
Discussion Paper No. 2006-12
Publisher: 
Ludwig-Maximilians-Universität München, Fakultät für Betriebswirtschaft, München
Abstract: 
Germany is one of few countries in which the monetary compensation for inventors is not only determined by negotiations between employer and employee-inventor, but also by relatively precise legal provisions. In this paper, we describe the characteristics of the German Employees’ Inventions Act (GEIA) and discuss which incentives it creates. We rely on responses from a recent survey of 3,350 German inventors to test hypotheses regarding this institution. We conclude from our data that the law creates substantial monetary rewards for productive inventors. The qualitative responses from our survey confirm this view, but also point to a number of dysfunctional effects.
Subjects: 
Employee-Inventor
Inventor Compensation
Patent Value
Productivity
JEL: 
O34
O32
J63
M54
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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