Article history: Received 10 September 2012 Received in revised form 19 March 2013 Accepted 5 April 2013 Available online xxxx This paper analyzes firms' decisions to seek intellectual property rights in global markets, particularly in China.We introduce the notion of a ‘quadic patent,’ defined as a patent family that consists of patent applications filed at the European Patent Office, the Japa...

Massive piracy and counterfeiting has been the subject of a perennial dispute between China and the United States. Although China‘s accession to the World Trade Organization (―WTO‖) has provided the United States with a new weapon in its arsenal—the mandatory dispute settlement process—the recent panel decision on China—Measures Affecting the Protection and Enforcement of Intellectual Property ...

This paper presents a panel study of yield developments in the eight main crops over the period from 1961 to 1999 and shows that for most crops, there is absolute convergence to developed-country levels over that time period. Where convergence fails to occur, this can be explained by the exceptionally low rate of diffusion of innovations from developed to developing countries for some crops. We...

We focus on downstream uses that combine multiple intellectual property rights and examine the e¤ects of introducing an intellectual property clearinghouse. We identify the two sometimes con‡icting function of clearinhouses: transaction costs reduction and coordination. We show that reduction in transaction costs causes licensors to increase royalties in some cases and makes them worse o¤ due t...

This paper applies a model of complementary oligopoly and anticommons pricing to the market for intellectual property rights. Our model evidences the interesting and often overlooked result that, in the market for complementary goods price coordination and monopolistic pricing do not necessarily represent inefficient equilibria, when compared to the alternative Nash equilibrium. Due to the pecu...

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Are firms born Global? Because knowledge spillovers that lead to new venture creation are geographically constrained we believe that firms are born local. It follows that the decision to create sustainable new ventures is independent from the decision to internationalize, even if that is the ultimate goal of the firm. We explore two avenues to internationalize new ventures, a direct path descri...

This paper investigates international technology diffusion through trade and patenting in a sample of 48 countries for the period 1980 – 2000. We divide the sample in three income groups to detect different patterns of technology absorption. Our results show that rich countries benefit from domestic technology and foreign technology embodied in imported capital goods, middle-income countries en...