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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Main Authors: | WEI, Shang-jin, XU, Jianhuan, YIN, Ge, ZHANG, Xiaobo |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2023
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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 |
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