Economics of Research Exemption

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dc.contributor.author Aoki, Reiko en
dc.contributor.author Nagaoka, Sadao en
dc.date.accessioned 2006-11-30T20:53:42Z en
dc.date.available 2006-11-30T20:53:42Z en
dc.date.issued 2006 en
dc.identifier.citation Department of Economics Working Paper Series 260 en
dc.identifier.uri http://hdl.handle.net/2292/202 en
dc.description.abstract We provide an economic analysis of two types of research exemptions: (1) experimentation and research on the patented subject matter, and (2) academic (or non-commercial) research with the patented invention. We find that exemption for research on improving or inventing-around the subject matter makes good economic sense in the context of perpetual R & D competition, although it may not in the context of pioneer-follower innovation framework. The best approach might be to provide broad research exemption on the research on subject matter (more generally exemption for research using the knowledge disclosed in the invention that is useful for improving its subject matter), while stronger protection is provided for a pioneering invention in the product market in terms of the breadth of claims. Exemption for experimentation on the subject matter for the purpose of verification of inventions also is sensible. On the other hand, we find that research exemption is a blunt tool for promoting academic research, with a negative effect on the development of research tool. In addition, it is not clear whether research exemption is necessary for efficient and coordinated price discrimination in favor of academic researches. en
dc.format.extent application/pdf en
dc.format.mimetype text en
dc.language.iso en en
dc.publisher ResearchSpace@Auckland en
dc.relation.ispartofseries Department of Economics Working Paper Series (1997-2006) en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.subject.other research exemptions en
dc.subject.other Economics en
dc.title Economics of Research Exemption en
dc.type Working Paper en
dc.rights.holder Copyright: the author en
pubs.org-id Economics en


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