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SUMMARY:The Dark Side of Patents: Effects of Strategic Patenting on Firms 
 and Their Peers
DTSTART:20200720T170000
DTSTAMP:20260916T203830Z
UID:7c508b6e3bf224e358a70ecbc6d0e132a0dd4cbf5f621da8dac771fa
CATEGORIES:Conferences - Seminars
DESCRIPTION:Maria Kurakina (Berkeley Haas / University of Utah\, David Ecc
 les School of Business)\nMaria Kurakina (Berkeley Haas / University of Uta
 h\, David Eccles School of Business)\n"The Dark Side of Patents: Effects o
 f Strategic Patenting on Firms and Their Peers" (video)\nDiscussant: Deepa
 k Hegde (NYU Stern School of Business)\n\nAbstract\n\nThis paper analyses 
 the effect of strategic patenting on firm and competitor performance\, pro
 ductivity\, innovative output and market concentration. Using a novel defi
 nition of strategic patenting\, this paper finds a positive effect of stra
 tegic patenting on market concentration. The results for the patentee show
  a positive effect of profit growth\, and positive but significantly small
 er contribution of strategic patenting to total factor productivity compar
 ed to novel technological patents. In contrast\, peers suffer from a decre
 ase in total factor productivity\, innovative output and both profit and s
 ales growth following strategic patenting by the focal firm. These finding
 s suggest a conflict between patent policies designed to promote innovatio
 n while still providing incentives for the firms to capture market share a
 nd defend monopolistic positions.\n\n\nEPFL Virtual Innovation Seminar\nEV
 IS is a bi-weekly virtual seminar series focusing on Science\, Technology 
 and Innovation topics studied through the lens of Economics\, Entrepreneur
 ship\, Strategy and Finance.\n\n\n 
LOCATION:Zoom
STATUS:CONFIRMED
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