Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/11726
Full metadata record
DC FieldValueLanguage
dc.contributor.authorHerbst, Patrick-
dc.contributor.authorJahn, Eric-
dc.date.accessioned2013-04-03T23:48:17Z-
dc.date.available2013-04-03T23:48:17Z-
dc.date.issued2011-07-02-
dc.identifier.urihttp://hdl.handle.net/1893/11726-
dc.description.abstractThis paper argues that firms use 'IP-for-IP' policies such as cross-licensing to strategically restrict transactions in the market for technology. The commitment to limit trade to reciprocal exchange (barter instead of cash transactions) enables firms to alter the allocation of R&D and soften R&D competition. In particular, it induces firms to focus R&D on their area of expertise. The costs of IP-for-IP are foregone gains from trade. Our analysis of the trade-offs involved shows that IP-for-IP is profitable in industries where firms differ in their capabilities to commercialize IP. Patent complementarities and firm asymmetries further strengthen the optimality of IP-for-IP.en_UK
dc.language.isoen-
dc.publisherSocial Science Research Network-
dc.relationHerbst P & Jahn E (2011) IP-for-IP or Cash-for-IP? R&D Competition and the Market for Technology. SSRN Working Paper Series. Social Science Research Network.-
dc.relation.ispartofseriesSSRN Working Paper Series-
dc.rightsAuthor retains copyright-
dc.subjectIntellectual Propertyen_UK
dc.subjectR&D competitionen_UK
dc.subjectCross-licensingen_UK
dc.subjectTechnology Tradeen_UK
dc.titleIP-for-IP or Cash-for-IP? R&D Competition and the Market for Technologyen_UK
dc.typeWorking or Discussion Paperen_UK
dc.citation.publicationstatusPublished-
dc.type.statusPublisher version-
dc.identifier.urlhttp://ssrn.com/abstract=1010622-
dc.author.emailpatrick.herbst@stir.ac.uk-
dc.subject.jelO32-
dc.subject.jelO31-
dc.subject.jelL11-
dc.contributor.affiliationAccounting and Finance-
dc.contributor.affiliationGoethe University Frankfurt-
Appears in Collections:Accounting and Finance Working Papers

Files in This Item:
File Description SizeFormat 
Herbst_2011_IP-for-IP_or_Cash-for-IP.pdf240.01 kBAdobe PDFView/Open


This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.