Early Patent Disclosure and R&D Investment in Family Firms

IF 4.5 2区 管理学 Q1 BUSINESS British Journal of Management Pub Date : 2023-11-13 DOI:10.1111/1467-8551.12777
Katrin Hussinger, Wunnam Basit Issah
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Abstract

This paper shows that the American Inventor's Protection Act, which introduced the disclosure of patent applications after 18 months, that is, before a grant decision is taken and, hence, before it is known whether the respective technology will receive 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 US economy, and a reduction in their R&D investment can have long-term consequences.

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家族企业的早期专利披露与研发投资
美国发明者保护法》规定专利申请必须在 18 个月后公开,即在做出授权决定之前,因此也就是在知道相关技术是否会得到法律保护之前公开,本文的研究表明,该法案与家族企业研发(R&D)投资减少有关。这表明,专利申请的提前公开被视为对家族企业创新活动的威胁,并阻碍了其研发投资。这一发现值得我们关注,因为家族企业在美国经济中占有很大份额,其研发投资的减少会带来长期影响。
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来源期刊
CiteScore
10.00
自引率
12.50%
发文量
87
期刊介绍: The British Journal of Management provides a valuable outlet for research and scholarship on management-orientated themes and topics. It publishes articles of a multi-disciplinary and interdisciplinary nature as well as empirical research from within traditional disciplines and managerial functions. With contributions from around the globe, the journal includes articles across the full range of business and management disciplines. A subscription to British Journal of Management includes International Journal of Management Reviews, also published on behalf of the British Academy of Management.
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