Market for patents, monopoly, and misallocation

The paper studies a possible “dark side” of patent trade in enhancing the market power of monopolists. We explore the different effects of China’s 2008 tax reform on patent innovations and sales across industries. In particular, although easier patent trade leads to more patent creation, the new pat...

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Bibliographic Details
Main Authors: WEI, Shang-jin, XU, Jianhuan, YIN, Ge, ZHANG, Xiaobo
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2711
https://ink.library.smu.edu.sg/context/soe_research/article/3710/viewcontent/patent_trade.pdf
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Institution: Singapore Management University
Language: English