The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
Patent Buyouts: A Mechanism for Encouraging Innovation
Open accessAbstract
In 1839 the French government purchased the Daguerreotype patent and placed it in the public domain. Such patent buyouts could potentially eliminate the monopoly price distortions and incentives for rent-stealing duplicative research created by patents, while increasing incentives for original research. Governments could offer to purchase patents at their estimated private value, as determined in an auction, times a markup equal to the typical ratio of inventions' social and private value. Most patents purchased would be placed in the public domain, but to induce bidders to reveal their valuations, a few would be sold to the highest bidder.
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Cites
“A Model of Growth: Through Creative Destruction”
Aghion, P., & Howitt, P. (1992) · Econometrica · doi:10.2307/2951599 · Cited by 7,529
Imitation Costs and Patents: An Empirical Study
Mansfield, E., Schwartz, M., & Wagner, S. (1981) · The Economic Journal · doi:10.2307/2232499 · Cited by 1,316
Cost Reduction, Competition, and Industry Performance
Spence, M. (1984) · Econometrica · doi:10.2307/1911463 · Cited by 796
THE OPTIMAL SUPPLY OF PUBLIC GOODS AND THE DISTORTIONARY COST OF TAXATION
KAPLOW, L. (1996) · National Tax Journal · doi:10.1086/ntj41789224 · Cited by 332
A New Look at the Returns and Risks to Pharmaceutical R&D
Grabowski, H., & Vernon, J. (1990) · Management Science · doi:10.1287/mnsc.36.7.804 · Cited by 286
The value of information in a sealed-bid auction
Milgrom, P., & Weber, R. J. (1982) · Journal of Mathematical Economics · doi:10.1016/0304-4068(82)90008-8 · Cited by 265
Nadiri, M. I., & Mamuneas, T. P. (1994) · The Review of Economics and Statistics · doi:10.2307/2109823 · Cited by 229
R&D Investment and International Productivity Differences
Lichtenberg, F. R. (1992) · National Bureau of Economic Research · doi:10.3386/w4161 · Cited by 140
Cited by
Global Warming Gridlock: Creating More Effective Strategies for Protecting the Planet
Victor, D. G. (2011) · Cambridge University Press eBooks · doi:10.1017/cbo9780511975714 · Cited by 585
Intellectual Property Rights and Innovation: Evidence from the Human Genome
Williams, H. L. (2013) · Journal of Political Economy · doi:10.1086/669706 · Cited by 506
Jones, C. (2004) · National Bureau of Economic Research · doi:10.3386/w10767 · Cited by 305
Gans, J. S., & Stern, S. (2010) · Industrial and Corporate Change · doi:10.1093/icc/dtq023 · Cited by 203
Field Evidence on Individual Behavior & Performance in Rank-Order Tournaments
Boudreau, K. J., Helfat, C. E., Lakhani, K. R., & Menietti, M. (2012) · SSRN Electronic Journal · doi:10.2139/ssrn.2127310 · Cited by 24
Metadata
- Authors
- Kremer, M.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1998-11-01
- Volume
- 113
- Issue
- 4
- Pages
- 1137-1167
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2890369389
- Cited by
- 490
- References
- 8
- FWCI
- 21.86
- Type
- journal article
- Language
- en
- Open access
- green
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
