Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93996 
Year of Publication: 
2005
Series/Report no.: 
SFB/TR 15 Discussion Paper No. 37
Publisher: 
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY), München
Abstract: 
In the 1990s, patenting schemes changed in many respects: upcoming new technologies accelerated the shift from price competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the '€˜patent thicket' arose as a consequence of strategic patenting. This study analyzes the importance of patenting versus secrecy as an effective alternative to protect intellectual property in the inventions' market phase. The sales figure with new products is introduced as a new measure for the importance of tools to protect IP among product innovating firms. Focusing on German manufacturing in 2000, it turns out that patents are important to protect intellectual property in the market, whereas secrecy seems to be rather important for inventions that are not commercialized yet.
Subjects: 
Innovation
Appropriation
Patents
Secrecy
JEL: 
C34
C35
O33
O34
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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