Chasing patents
Autor(a) principal: | |
---|---|
Data de Publicação: | 2001 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | http://hdl.handle.net/10438/991 |
Resumo: | We examine the problem faced by a company that wishes to purchase patents in the hands of two di¤erent patent owners. Complementarity of these patents in the production process of the company is a prime e¢ciency reason for them being owned (or licenced) by the company. We show that this very same complementarity can lead to patent owners behaving strategically in bargaining, and delaying their sale to the company. When the company is highly leveraged, such ine¢cient delay is limited. Comparative statics results are also obtained. Relevant applications include assembly of patents for drug treatments from the human genome, and land assembly. |
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Menezes, Flavio MarquesPitchford, RohanEscolas::EPGEFGV2008-05-13T15:45:34Z2010-09-23T18:56:56Z2008-05-13T15:45:34Z2010-09-23T18:56:56Z2001-03-010104-8910http://hdl.handle.net/10438/991We examine the problem faced by a company that wishes to purchase patents in the hands of two di¤erent patent owners. Complementarity of these patents in the production process of the company is a prime e¢ciency reason for them being owned (or licenced) by the company. We show that this very same complementarity can lead to patent owners behaving strategically in bargaining, and delaying their sale to the company. When the company is highly leveraged, such ine¢cient delay is limited. Comparative statics results are also obtained. Relevant applications include assembly of patents for drug treatments from the human genome, and land assembly.engFundação Getulio Vargas. Escola de Pós-graduação em EconomiaEnsaios Econômicos;411PatentsComplementarityBargainingEconomiaPatentesChasing patentsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTHUMBNAIL1260.pdf.jpg1260.pdf.jpgGenerated Thumbnailimage/jpeg4002https://repositorio.fgv.br/bitstreams/a4e3b278-4d9e-471b-887e-77cabb9e1a77/download9950815df537c32397cf7ff6d047c219MD59TEXT1260.pdf.txt1260.pdf.txtExtracted texttext/plain31663https://repositorio.fgv.br/bitstreams/80d19ac5-f0a5-4ff1-a1e0-bd760e5b24c8/downloadf6c04ba3ffa2797815d83f2d8eff0e40MD58ORIGINAL1260.pdfapplication/pdf208313https://repositorio.fgv.br/bitstreams/89d3cb97-c159-4008-8d2b-04e4b4eba1fe/download3dd9b3fbed06470b0ce3c169333c8b6aMD5310438/9912023-11-09 17:06:36.981open.accessoai:repositorio.fgv.br:10438/991https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-09T17:06:36Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false |
dc.title.eng.fl_str_mv |
Chasing patents |
title |
Chasing patents |
spellingShingle |
Chasing patents Menezes, Flavio Marques Patents Complementarity Bargaining Economia Patentes |
title_short |
Chasing patents |
title_full |
Chasing patents |
title_fullStr |
Chasing patents |
title_full_unstemmed |
Chasing patents |
title_sort |
Chasing patents |
author |
Menezes, Flavio Marques |
author_facet |
Menezes, Flavio Marques Pitchford, Rohan |
author_role |
author |
author2 |
Pitchford, Rohan |
author2_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EPGE |
dc.contributor.affiliation.none.fl_str_mv |
FGV |
dc.contributor.author.fl_str_mv |
Menezes, Flavio Marques Pitchford, Rohan |
dc.subject.por.fl_str_mv |
Patents Complementarity Bargaining |
topic |
Patents Complementarity Bargaining Economia Patentes |
dc.subject.area.por.fl_str_mv |
Economia |
dc.subject.bibliodata.por.fl_str_mv |
Patentes |
description |
We examine the problem faced by a company that wishes to purchase patents in the hands of two di¤erent patent owners. Complementarity of these patents in the production process of the company is a prime e¢ciency reason for them being owned (or licenced) by the company. We show that this very same complementarity can lead to patent owners behaving strategically in bargaining, and delaying their sale to the company. When the company is highly leveraged, such ine¢cient delay is limited. Comparative statics results are also obtained. Relevant applications include assembly of patents for drug treatments from the human genome, and land assembly. |
publishDate |
2001 |
dc.date.issued.fl_str_mv |
2001-03-01 |
dc.date.accessioned.fl_str_mv |
2008-05-13T15:45:34Z 2010-09-23T18:56:56Z |
dc.date.available.fl_str_mv |
2008-05-13T15:45:34Z 2010-09-23T18:56:56Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10438/991 |
dc.identifier.issn.none.fl_str_mv |
0104-8910 |
identifier_str_mv |
0104-8910 |
url |
http://hdl.handle.net/10438/991 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartofseries.por.fl_str_mv |
Ensaios Econômicos;411 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Fundação Getulio Vargas. Escola de Pós-graduação em Economia |
publisher.none.fl_str_mv |
Fundação Getulio Vargas. Escola de Pós-graduação em Economia |
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