Product development and the timing of information disclosure under US and Japanese patent systems:

This paper examines the consequences of the differences in the timing of information disclosure between the U.S. and Japanese patent systems. Under the Japanese system it is possible for a firm to apply for a patent knowing the exact specifications of a rival's patent application. In contrast,...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Beteiligte Personen: Aoki, Reiko (VerfasserIn), Prusa, Thomas J. (VerfasserIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: Cambridge, Mass. 1995
Schriftenreihe:National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5063
Schlagwörter:
Zusammenfassung:This paper examines the consequences of the differences in the timing of information disclosure between the U.S. and Japanese patent systems. Under the Japanese system it is possible for a firm to apply for a patent knowing the exact specifications of a rival's patent application. In contrast, in the U.S. the only way a firm learns about a rival's innovation is upon the actual granting of the rival's patent. We argue that this difference enables Japanese firms to coordinate their R&D efforts better than their U.S. counterparts and that this, in turn, leads to smaller quality improvements under the Japanese system. We show that the creation/diffusion tradeoff of patents can be influenced not only by the scope and length of patent protection but also by other features of the patenting process.
Umfang:19, 7 S. graph. Darst.