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Moser, Petra, and
Alessandra Voena. 2012. "Compulsory Licensing: Evidence from the Trading with the Enemy Act."
,
102(1): 396-427.
Show Article Details
DOI: 10.1257/aer.102.1.396
Abstract:Compulsory licensing allows firms in developing countries to produce foreign-owned inventions without the consent of foreign patent owners. This paper uses an exogenous event of compulsory licensing after World War I under the Trading with the Enemy Act to examine the effects of compulsory licensing on domestic invention. Difference-in-differences analyses of nearly 130,000 chemical inventions suggest that compulsory licensing increased domestic invention by 20 percent. (JEL D45, L24, N42, O31, O34)
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Authors:
Moser, Petra (Stanford U)
Voena, Alessandra (Harvard U)
JEL Classifications:
D45: Rationing; Licensing
L24: Contracting Out; Joint Ventures; Technology Licensing
N42: Economic History: Government, War, Law, International Relations, and Regulation: U.S.; Canada: 1913-
O31: Innovation and Invention: Processes and Incentives
O34: Intellectual Property Rights
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