Hi-Stat img
□ JAPANESE
□ HOME
. Project outline
Organization

Basic Concept

Staff

. Research
Discussion Papers
Database
. Announcements
Workshops
Lecture series
Newsletter
. Links
Hitotsubashi University

Hitotsubashi University Library

Institute of Economic Research

Research Centre for Information and Statistics of Social Science

ASHSTAT Project

Global Economic History Network

Determinants of high-royalty contracts and the impact of
stronger protection of intellectual property rights in Japan



Sadao Nagaoka


December, 2004


Previous paper Next paper
Abstract
This paper first reviews how Japan has strengthened the protection of intellectual property rights (IPRs), focusing on the expansion of the patentable subject matter, the restriction of the possibility of compulsory licensing, stronger deterrence against infringement and the introduction of the doctrine of equivalents. Second, based on the statistical analysis of sector-level panel data, it shows that
(1)R&D intensity of domestic industry, trademark licensing, cross-licensing and, to a smaller degree, monopoly provisions are the significant determinants of the incidence of high-royalty contracts, and
(2)Stronger protection of intellectual property rights looks to have increased the incidence of high-royalty contracts in the latter part of 1990s in the Japanese industries for which patent is important for appropriability.
Download (362KB)
Copyright (C) 2003 by Institute of Economic Research.All rights reserved.