ZEW Leibniz Centre for European Economic Research
L7, 1, 68161
Institutional Affiliation: ZEW Mannheim
Information about this author at RePEc
NBER Working Papers and Publications
|February 2018||Learning When to Quit: An Empirical Model of Experimentation|
with Timothy Simcoe, Emanuele Tarantino: w24358
Research productivity depends on the ability to discern whether an idea is promising, and a willingness to abandon the ones that are not. Economists know little about this process, however, because empirical studies of innovation typically begin with a sample of issued patents or published papers that were already selected from a pool of promising ideas. This paper unpacks the idea selection process using a unique dataset from the Internet Engineering Task Force (IETF), a voluntary organization that develops protocols for managing Internet infrastructure. For a large sample of IETF proposals, we observe a sequence of decisions to either revise, publish, or abandon the underlying idea, along with changes to the proposal and the demographics of the author team. Using these data, we provide a...
|April 2012||Patent Disclosure in Standard Setting|
with Emanuele Tarantino: w17999
In a model of industry standard setting with private information about firms' intellectual property, we analyze (a) firms' incentives to contribute to the development and improvement of a standard, and (b) firms' decision to disclose the existence of relevant intellectual property to other participants of the standard-setting process. If participants can disclose after the end of the process and fully exploit their bargaining leverage, then patent holders aspire to disclose always after the end of the process. However, if a patent holder cannot rely on the other participants to always contribute to the process, then it may be inclined to disclose before the end of the process. We also analyze under which conditions firms enter cross-licensing agreements that eliminate the strategic aspect ...
|January 2012||Patent Disclosure in Standard Setting|
with Emanuele Tarantino
in Standards, Patents and Innovations, Timothy Simcoe, Ajay K. Agrawal, and Stuart Graham, organizers