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| Tekijä: | Mazzoleni, R. |
| Otsikko: | University patents, R&D competition, and social welfare |
| Lehti: | Economics of innovation and new technology
2005 : SEP, VOL. 14:6, p. 499-515 |
| Asiasana: | licensing R&D universities |
| Kieli: | eng |
| Tiivistelmä: | This article focuses on the social welfare implications of university patenting in a model of R&D competition in which firms develop innovations on the basis of the disclosure of a university innovation. When such disclosure does not pre-empt the patenting of downstream innovations, university patenting advances social welfare only if a regime of open access to university inventions is characterized by excessive aggregate R&D from the viewpoint of social welfare. |
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