Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/38702
Authors: 
Aoki, Reiko
Spiegel, Yossi
Year of Publication: 
2007
Series/Report no.: 
CSIO working paper 0089
Abstract: 
We examine the implications of pre-grant publication (PP) of patent applications in the context of a cumulative innovation model. We show that pre-grant publication of patents lead to fewer applications and fewer inventions, but it raises the probability that new technologies will reach the product market and thereby enhances consumer surplus and possibly welfare as well.
Subjects: 
R&D
patents
patent systems
pre-grant patent publication
patenting decision
spillover
consumer surplus
welfare
JEL: 
O34
O31
Document Type: 
Working Paper

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