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  1. Early patent disclosure and R&D investment in family firms
    Published: [2023]
    Publisher:  ZEW - Leibniz Centre for European Economic Research, Mannheim, Germany

    This paper shows that the American Inventor's Protection Act, which introduced the disclosure of patent applications after 18 months, i.e. before a grant decision is taken and, hence, before it is known whether the respective technology receives... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 15
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan

     

    This paper shows that the American Inventor's Protection Act, which introduced the disclosure of patent applications after 18 months, i.e. before a grant decision is taken and, hence, before it is known whether the respective technology receives legal protection, is associated with a reduction of family firms' research and development (R&D) investment. This suggests that early disclosure of patent applications is perceived as a threat to family firms' innovation activity and discourages their R&D investment. This finding deserves our attention because family firms account for a large share of the U.S. economy and a reduction of their R&D investment can have long-term consequences.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279811
    Series: Discussion paper / ZEW ; no. 23, 044 (11/2023)
    Subjects: R&D investments; AIPA; Family firms; Socio-emotional wealth (SEW)
    Scope: 1 Online-Ressource (26 Seiten), Illustrationen
  2. Trade secret protection and R&D investment of family firms
    Published: August 2022
    Publisher:  University of Luxemborg, Faculty of Law, Economics and Finance, Luxembourg

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 612
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10993/51974
    Series: Array ; 2022, 11
    Subjects: Family firms; intellectual property protection; trade secret protection; UTSA; R&D investments; socioemotional wealth
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  3. Trade secret protection and R&D investment of family firms
    Published: [2022]
    Publisher:  ZEW - Leibniz Centre for European Economic Research, Mannheim, Germany

    Family firms are known for their reluctance to invest in research and development. We show that strengthened trade secret protection is associated with higher R&D investment by family firms. More specifically, we show that the association between the... more

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    Verlag (kostenfrei)
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    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 15
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan

     

    Family firms are known for their reluctance to invest in research and development. We show that strengthened trade secret protection is associated with higher R&D investment by family firms. More specifically, we show that the association between the strength of trade secret protection through the U.S. Uniform Trade Secrets Act and R&D investment is positively moderated by family control. Our results further show that the positive moderation of family control on the association between the strength of trade secret protection and R&D investment varies with the industry context, being stronger in high tech industries and weaker in discrete product industries.

     

    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265412
    Series: Discussion paper / ZEW ; no. 22, 039 (10/2022)
    Subjects: Family firms; intellectual property protection; trade secret protection; UTSA; R&Dinvestment; socioemotional wealth
    Scope: 1 Online-Ressource (43 Seiten)