메뉴 건너뛰기




Volumn 90, Issue 1, 2008, Pages 133-151

The role of patent rights in mergers: Consolidation in plant biotechnology

Author keywords

Hazard estimation; Mergers and acquisitions; Mutually blocking patents; Patent enforceability; Patentrights; Plant biotechnology

Indexed keywords

BIOTECHNOLOGY; HAZARD ASSESSMENT; MAIZE; MAXIMUM LIKELIHOOD ANALYSIS; MERGER; MODELING; PLANT;

EID: 38949195097     PISSN: 00029092     EISSN: 14678276     Source Type: Journal    
DOI: 10.1111/j.1467-8276.2007.01046.x     Document Type: Article
Times cited : (51)

References (52)
  • 1
    • 0041134796 scopus 로고    scopus 로고
    • "Empirical Evidence on the Validity of Litigated Patents"
    • Allison, J.R., and M.A. Lemley. 1998. "Empirical Evidence on the Validity of Litigated Patents." AIPLA Quarterly Journal 26 (3): 185.
    • (1998) AIPLA Quarterly Journal , vol.26 , Issue.3 , pp. 185
    • Allison, J.R.1    Lemley, M.A.2
  • 2
    • 84926956134 scopus 로고    scopus 로고
    • "Patent Thickets, Cross-Licensing, and Antitrust"
    • Beard, T.R., and D.L. Kaserman. 2002. "Patent Thickets, Cross-Licensing, and Antitrust." Antitrust Bulletin 47(2/3): 345-68.
    • (2002) Antitrust Bulletin , vol.47 , Issue.2-3 , pp. 345-368
    • Beard, T.R.1    Kaserman, D.L.2
  • 3
    • 34648827998 scopus 로고    scopus 로고
    • Boston University, School of Law, October. Working Paper No. 05-18
    • Bessen, J., and M. Meurer. 2005. "The Patent Litigation Explosion." Working Paper No. 05-18, Boston University, School of Law, October.
    • (2005) "The Patent Litigation Explosion"
    • Bessen, J.1    Meurer, M.2
  • 4
    • 0005084237 scopus 로고    scopus 로고
    • "When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data"
    • Branstetter, L.G., and M. Sakakibara. 2002. "When Do Research Consortia Work Well and Why? Evidence from Japanese Panel Data." American Economic Review 92 (1): 143-59.
    • (2002) American Economic Review , vol.92 , Issue.1 , pp. 143-159
    • Branstetter, L.G.1    Sakakibara, M.2
  • 5
    • 25844507748 scopus 로고    scopus 로고
    • "An Innovation Market Approach to Analyzing Impacts of Mergers and Acquisitions in the Plant Biotechnology Industry"
    • Brennan, M., C. Pray, A. Naseem, and J.F. Oehmke. 2005. "An Innovation Market Approach to Analyzing Impacts of Mergers and Acquisitions in the Plant Biotechnology Industry." Journal of Agrobiotechnology Management & Economics 8(2/3).
    • (2005) Journal of Agrobiotechnology Management & Economics , vol.8 , Issue.2-3
    • Brennan, M.1    Pray, C.2    Naseem, A.3    Oehmke, J.F.4
  • 7
    • 0009938449 scopus 로고    scopus 로고
    • "Patent Litigation as an Informational-Transmission Mechanism"
    • Choi, J.P. 1998. "Patent Litigation as an Informational-Transmission Mechanism." American Economic Review 88 (5): 1249-63.
    • (1998) American Economic Review , vol.88 , Issue.5 , pp. 1249-1263
    • Choi, J.P.1
  • 11
    • 0038353751 scopus 로고    scopus 로고
    • "Agricultural Biotechnology's Complementary Intellectual Assets"
    • Graff, G.D., G.C. Rausser, and A.A. Small. 2003. "Agricultural Biotechnology's Complementary Intellectual Assets." Review of Economics and Statistics 85 (2): 349-63.
    • (2003) Review of Economics and Statistics , vol.85 , Issue.2 , pp. 349-363
    • Graff, G.D.1    Rausser, G.C.2    Small, A.A.3
  • 12
    • 0031501143 scopus 로고    scopus 로고
    • "Managing Intellectual Capital: Licensing and Cross-Licensing in Semiconductors and Electronics"
    • Grindley, P.C., and D.J. Teece. 1997. "Managing Intellectual Capital: Licensing and Cross-Licensing in Semiconductors and Electronics." California Management Review 39 (2): 1-34.
    • (1997) California Management Review , vol.39 , Issue.2 , pp. 1-34
    • Grindley, P.C.1    Teece, D.J.2
  • 15
    • 0035611994 scopus 로고    scopus 로고
    • "The Patent Paradox Revisited: An Empirical Study of Patenting in the U.S. Semiconductor Industry, 1979-1995"
    • Hall, B.H., and R.H. Ziedonis. 2001. "The Patent Paradox Revisited: An Empirical Study of Patenting in the U.S. Semiconductor Industry, 1979-1995." RAND Journal of Economics 32 (1): 101-28.
    • (2001) RAND Journal of Economics , vol.32 , Issue.1 , pp. 101-128
    • Hall, B.H.1    Ziedonis, R.H.2
  • 16
    • 0042941203 scopus 로고    scopus 로고
    • "The Tragedy of the Anticommons: Property in the Transition from Marx to Markets"
    • Heller, M. 1998. "The Tragedy of the Anticommons: Property in the Transition from Marx to Markets." Harvard Law Review 111:621.
    • (1998) Harvard Law Review , vol.111 , Issue.621
    • Heller, M.1
  • 17
    • 0032076909 scopus 로고    scopus 로고
    • "Can Patents Deter Innovation? The Anticommons in Biomedical Research"
    • Heller, M.A., and R.S. Eisenberg. 1998. "Can Patents Deter Innovation?The Anticommons in Biomedical Research." Science 280: 698-701.
    • (1998) Science , vol.280 , pp. 698-701
    • Heller, M.A.1    Eisenberg, R.S.2
  • 18
    • 33645304842 scopus 로고    scopus 로고
    • "The Court of Appeals for the Federal Circuit's Impact on Patent Litigation"
    • Henry, M.D., and J.L. Turner. 2006. "The Court of Appeals for the Federal Circuit's Impact on Patent Litigation." Journal of Legal Studies 35: 85-117.
    • (2006) Journal of Legal Studies , vol.35 , pp. 85-117
    • Henry, M.D.1    Turner, J.L.2
  • 19
    • 84960609570 scopus 로고
    • "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations"
    • Jaffe, A.B., M. Trajtenberg, and R. Henderson. 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations." Quarterly Journal of Economics 108 (3): 577-98.
    • (1993) Quarterly Journal of Economics , vol.108 , Issue.3 , pp. 577-598
    • Jaffe, A.B.1    Trajtenberg, M.2    Henderson, R.3
  • 20
    • 21844488398 scopus 로고
    • "Contested Tender Offers: An Estimate of the Hazard Function"
    • Jaggia, S., and S. Thosar. 1995. "Contested Tender Offers: An Estimate of the Hazard Function." Journal of Business and Economic Statistics 13 (1): 113-19.
    • (1995) Journal of Business and Economic Statistics , vol.13 , Issue.1 , pp. 113-119
    • Jaggia, S.1    Thosar, S.2
  • 23
    • 0012461317 scopus 로고    scopus 로고
    • "The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature"
    • Lanjouw, J.O., and J. Lerner. 1998. "The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature." Annales d'Economie et de Statistique 49/50: 223-46.
    • (1998) Annales D'Economie Et De Statistique , vol.49-50 , pp. 223-246
    • Lanjouw, J.O.1    Lerner, J.2
  • 24
    • 0035626038 scopus 로고    scopus 로고
    • "Characteristics of Patent Litigation: A Window on Competition"
    • Lanjouw, J.O., and M. Schankerman. 2001. "Characteristics of Patent Litigation: A Window on Competition." RAND Journal of Economics 32 (1): 129-51.
    • (2001) RAND Journal of Economics , vol.32 , Issue.1 , pp. 129-151
    • Lanjouw, J.O.1    Schankerman, M.2
  • 25
    • 84881686605 scopus 로고
    • "Patenting in the Shadow of Competitors"
    • Lerner, J. 1995. "Patenting in the Shadow of Competitors." Journal of Law and Economics 48 (2): 463-95.
    • (1995) Journal of Law and Economics , vol.48 , Issue.2 , pp. 463-495
    • Lerner, J.1
  • 27
    • 25844432079 scopus 로고    scopus 로고
    • "Intellectual Property Rights in a Changing Political Environment: Perspectives on the Types and Administration of Protection"
    • Lesser, W. 2005. "Intellectual Property Rights in a Changing Political Environment: Perspectives on the Types and Administration of Protection." Journal of Agrobiotechnology Management & Economics 8(2&3).
    • (2005) Journal of Agrobiotechnology Management & Economics , vol.8 , Issue.2-3
    • Lesser, W.1
  • 28
    • 13444280558 scopus 로고    scopus 로고
    • "The Selection Effects (and Lack Thereof) in Patent Litigation: Evidence from Trials"
    • Marco, A.C. 2004. "The Selection Effects (and Lack Thereof) in Patent Litigation: Evidence from Trials." Topics in Economics Analysis and Policy 4 (1).
    • (2004) Topics in Economics Analysis and Policy , vol.4 , Issue.1
    • Marco, A.C.1
  • 29
    • 29444448978 scopus 로고    scopus 로고
    • "The Option Value of Patent Litigation: Theory and Evidence"
    • Marco, A.C. 2005. "The Option Value of Patent Litigation: Theory and Evidence." Review of Financial Economics 14(3/4): 323-51.
    • (2005) Review of Financial Economics , vol.14 , Issue.3-4 , pp. 323-351
    • Marco, A.C.1
  • 30
    • 33846293322 scopus 로고    scopus 로고
    • "The Dynamics of Patent Citations"
    • Marco, A.C. 2007. "The Dynamics of Patent Citations." Economics Letters 94 (2): 290-96.
    • (2007) Economics Letters , vol.94 , Issue.2 , pp. 290-296
    • Marco, A.C.1
  • 31
    • 38949166599 scopus 로고    scopus 로고
    • "Mergers and Intellectual Property in Agricultural Biotechnology"
    • In R. Evenson, V. Santaniello, and D. Zilberman, eds. New York: CABI Publishing
    • Marco, A.C., and G.C. Rausser. 2002. "Mergers and Intellectual Property in Agricultural Biotechnology." In R. Evenson, V. Santaniello, and D. Zilberman, eds. Economic and Social Issues in Agricultural Biotechnology. New York: CABI Publishing, pp. 119-36.
    • (2002) Economic and Social Issues in Agricultural Biotechnology , pp. 119-136
    • Marco, A.C.1    Rausser, G.C.2
  • 32
    • 38949143513 scopus 로고    scopus 로고
    • "AJAE Appendix: The Role of Patent Rights in Mergers: Consolidation in Plant Biotechnology"
    • Unpublished. Available at:
    • Marco, A.C., and G.C. Rausser. 2007. "AJAE Appendix: The Role of Patent Rights in Mergers: Consolidation in Plant Biotechnology." Unpublished. Available at: http://agecon.lib.umn.edu/.
    • (2007)
    • Marco, A.C.1    Rausser, G.C.2
  • 33
    • 0002297105 scopus 로고
    • "Conditional Logit Analysis of Qualitative Choice Behavior"
    • In P. Zarembka, ed. New York: Academic Press
    • McFadden, D. 1973. "Conditional Logit Analysis of Qualitative Choice Behavior." In P. Zarembka, ed. Frontiers in Econometrics. New York: Academic Press, pp. 105-42.
    • (1973) Frontiers in Econometrics , pp. 105-142
    • McFadden, D.1
  • 34
    • 0000797287 scopus 로고
    • "On Limiting or Encouraging Rivalry in Technical Progress: The Effect of Patent Scope Decisions"
    • Merges, R.P., and R.R. Nelson. 1994. "On Limiting or Encouraging Rivalry in Technical Progress: The Effect of Patent Scope Decisions." Journal of Economic Behavior and Organization 25 (1): 1-24.
    • (1994) Journal of Economic Behavior and Organization , vol.25 , Issue.1 , pp. 1-24
    • Merges, R.P.1    Nelson, R.R.2
  • 35
    • 0003030913 scopus 로고
    • "The Settlement of Patent Litigation"
    • Meurer, M.J. 1989. "The Settlement of Patent Litigation." RAND Journal of Economics 20 (1): 77-91.
    • (1989) RAND Journal of Economics , vol.20 , Issue.1 , pp. 77-91
    • Meurer, M.J.1
  • 36
    • 48749149648 scopus 로고
    • "The Relationship Between Intrafirm and Contractual Forms of Industrial Research in American Manufacturing, 1900-1940"
    • Mowery, D. 1983. "The Relationship Between Intrafirm and Contractual Forms of Industrial Research in American Manufacturing, 1900-1940." Explorations in Economic History 20: 351-74.
    • (1983) Explorations in Economic History , vol.20 , pp. 351-374
    • Mowery, D.1
  • 38
    • 0002254318 scopus 로고
    • "The Selection of Disputes for Litigation"
    • Priest, G.L., and B. Klein. 1984. "The Selection of Disputes for Litigation" Journal of Legal Studies 13: 1-55.
    • (1984) Journal of Legal Studies , vol.13 , pp. 1-55
    • Priest, G.L.1    Klein, B.2
  • 39
    • 0034009792 scopus 로고    scopus 로고
    • "The Heckman Correction for Sample Selection and Its Critique"
    • Puhani, P.A. 2000. "The Heckman Correction for Sample Selection and Its Critique" Journal of Economic Surveys 14 (1).
    • (2000) Journal of Economic Surveys , vol.14 , Issue.1
    • Puhani, P.A.1
  • 40
    • 0005882505 scopus 로고    scopus 로고
    • "Private/Public Research: Knowledge Assets and Future Scenarios"
    • Rausser, G.C. 1999. "Private/Public Research: Knowledge Assets and Future Scenarios" American Journal of Agricultural Economics 81: 1011-27.
    • (1999) American Journal of Agricultural Economics , vol.81 , pp. 1011-1027
    • Rausser, G.C.1
  • 42
    • 70350095836 scopus 로고
    • "TheTiming of Innovation: Research, Development, and Diffusion"
    • In R. Schmalansee and R. D. Willig, eds. Volume I. Elsevier Science Publishers B.V., chap. 14
    • Reinganum, J.F. 1989. "The Timing of Innovation: Research, Development, and Diffusion." In R. Schmalansee and R. D. Willig, eds. Handbook of Industrial Organization, Volume I. Elsevier Science Publishers B.V., chap. 14, pp. 850-908.
    • (1989) Handbook of Industrial Organization , pp. 850-908
    • Reinganum, J.F.1
  • 43
    • 0002730808 scopus 로고
    • "Standing on the Shoulders of Giants: Cumulative Research and the Patent Law"
    • Scotchmer, S. 1991. "Standing on the Shoulders of Giants: Cumulative Research and the Patent Law" Journal of Economic Perspectives 5 (1): 29-41.
    • (1991) Journal of Economic Perspectives , vol.5 , Issue.1 , pp. 29-41
    • Scotchmer, S.1
  • 46
    • 84928843220 scopus 로고
    • "The Determinants of Horizontal Acquisitions: Evidence from the U.S. Brewing Industry"
    • Tremblay, V.J., and C.H. Tremblay. 1988. "The Determinants of Horizontal Acquisitions: Evidence from the U.S. Brewing Industry" Journal of Industrial Economics 37 (1): 21-45.
    • (1988) Journal of Industrial Economics , vol.37 , Issue.1 , pp. 21-45
    • Tremblay, V.J.1    Tremblay, C.H.2
  • 48
    • 0039165781 scopus 로고    scopus 로고
    • "Predicting the duration and Reversal Probability of Leveraged Buyouts"
    • Van de Gucht, L.M., and W.T. Moore. 1998. "Predicting the duration and Reversal Probability of Leveraged Buyouts" Journal of Empirical Finance 5 (4): 299-315.
    • (1998) Journal of Empirical Finance , vol.5 , Issue.4 , pp. 299-315
    • Van de Gucht, L.M.1    Moore, W.T.2
  • 49
    • 0001454891 scopus 로고
    • "The Demand for Deductibles in Private Health Insurance: A Probit Model with Sample Selection"
    • Van de Van, W., and B. Van Pragg. 1981. "The Demand for Deductibles in Private Health Insurance: A Probit Model with Sample Selection" Journal of Econometrics 17: 229-52.
    • (1981) Journal of Econometrics , vol.17 , pp. 229-252
    • Van de Van, W.1    Van Pragg, B.2
  • 50
    • 84937294280 scopus 로고
    • "The Selection Hypothesis and the Relationship Between Trial and Plaintiff Victory"
    • Waldfogel, J. 1995. "The Selection Hypothesis and the Relationship Between Trial and Plaintiff Victory" Journal of Political Economy 103 (2): 229-60.
    • (1995) Journal of Political Economy , vol.103 , Issue.2 , pp. 229-260
    • Waldfogel, J.1
  • 52
    • 0034406343 scopus 로고    scopus 로고
    • "Why Do Banks Disappear? The Determinants of U.S. Bank Failures and Acquisitions"
    • Wheelock, D.C., and P.W. Wilson. 2000. "Why Do Banks Disappear? The Determinants of U.S. Bank Failures and Acquisitions" Review of Economics and Statistics 82 (1): 127-38.
    • (2000) Review of Economics and Statistics , vol.82 , Issue.1 , pp. 127-138
    • Wheelock, D.C.1    Wilson, P.W.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.