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Identifier to cite or link to this item: https://hdl.handle.net/10086/14070

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Title
The Utility Standard and the Patentability of Intermediate Technology
Creator
Creator Name
Aoki, Reiko Aoki, Reiko
青木, 玲子 青木, 玲子
アオキ, レイコ アオキ, レイコ
Affiliation
Affiliation Name
University of Auckland
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Nagaoka, Sadao Nagaoka, Sadao
長岡, 貞男 長岡, 貞男
ナガオカ, サダオ ナガオカ, サダオ
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
社会科学における統計分析拠点構築 = Research Unit for Statistical Analysis in Social Sciences
Key Word
utility requirement
basic research
patentability
innovation
JEL
O34
O31
Abstract
We explore the consequences of the utility requirement on speed of innovation and welfare. A weak utility requirement means that an intermediate technology with no immediate application or commercial value is patentable. Using a model of two stage innovation with free entry and trade secrecy, we identify cases when patentability is beneficial to society. Although a firm may undertake basic research protected by trade secrecy, patentability is still desirable when spillover is high and innovation costs are high. However, patentability becomes less desirable as basic research costs decrease. We also show that high value of final technology by itself does not favor non-patentability and identify condition when it does.
Description
February 2004
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2005-02
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Hi-Stat Discussion paper series ; No. d04-75
Relation
Related Identifier
URI
  http://21coe.ier.hit-u.ac.jp/english/index.html
Number of Pages
35
Sponsorship
21世紀COEプログラム = 21st-Century COE Program
Appears in Collections
Hi-Stat Discussion paper series
URL
https://hdl.handle.net/10086/14070