{"title":"垂直相关产业的知识产权与创新","authors":"Michael A. Klein","doi":"10.1111/ecin.70073","DOIUrl":null,"url":null,"abstract":"<p>This paper examines the economic impact of intellectual property rights in the context of complementary vertical innovation by firms in upstream and downstream industries. Empirical patterns suggest that industry downstreamness is associated with a greater relative importance of patents versus trade secrecy in firm appropriation strategies. Using a novel model of endogenous growth, I show that strengthening patent protection generates downstream-biased technical change in most cases. The corresponding reallocation of resources creates distributional effects from patent policy that existing analysis do not account for. I examine the impact of these effects on economic growth, welfare, and optimal patent policy.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 4","pages":"1327-1344"},"PeriodicalIF":1.5000,"publicationDate":"2026-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Intellectual property rights and innovation in vertically related industries\",\"authors\":\"Michael A. Klein\",\"doi\":\"10.1111/ecin.70073\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>This paper examines the economic impact of intellectual property rights in the context of complementary vertical innovation by firms in upstream and downstream industries. Empirical patterns suggest that industry downstreamness is associated with a greater relative importance of patents versus trade secrecy in firm appropriation strategies. Using a novel model of endogenous growth, I show that strengthening patent protection generates downstream-biased technical change in most cases. The corresponding reallocation of resources creates distributional effects from patent policy that existing analysis do not account for. I examine the impact of these effects on economic growth, welfare, and optimal patent policy.</p>\",\"PeriodicalId\":51380,\"journal\":{\"name\":\"Economic Inquiry\",\"volume\":\"64 4\",\"pages\":\"1327-1344\"},\"PeriodicalIF\":1.5000,\"publicationDate\":\"2026-10-09\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic Inquiry\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/ecin.70073\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"2026/6/14 0:00:00\",\"PubModel\":\"Epub\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Inquiry","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/ecin.70073","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2026/6/14 0:00:00","PubModel":"Epub","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
Intellectual property rights and innovation in vertically related industries
This paper examines the economic impact of intellectual property rights in the context of complementary vertical innovation by firms in upstream and downstream industries. Empirical patterns suggest that industry downstreamness is associated with a greater relative importance of patents versus trade secrecy in firm appropriation strategies. Using a novel model of endogenous growth, I show that strengthening patent protection generates downstream-biased technical change in most cases. The corresponding reallocation of resources creates distributional effects from patent policy that existing analysis do not account for. I examine the impact of these effects on economic growth, welfare, and optimal patent policy.
期刊介绍:
Published since 1962, (formerly Western Economic Journal), EI is widely regarded as one of the top scholarly journals in its field. Besides containing research on all economics topic areas, a principal objective is to make each article understandable to economists who are not necessarily specialists in the article topic area. Nine Nobel laureates are among EI long list of prestigious authors.