作者：Armstrong, Christopher; Glaeser, Stephen; Park, Stella Yeayeun; Timmermans, Oscar
作者单位：Stanford University; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; Sogang University; University of London; London School Economics & Political Science
摘要：We study how the assignment of intellectual property rights between inventors and their employers affects innovation. Incomplete contracting theories predict that stronger employer property rights reduce the threat that employee inventors hold up their employers, thereby affecting inventor and invention outcomes. We test these predictions using a U.S. appellate court ruling that shifted the assignment of property rights from inventors to their employers. Within-employer-year analyses demonstra...
