Skip to Content

Search: {{$root.lsaSearchQuery.q}}, Page {{$root.page}}

Economic History, International Economics: Spillover Effects of IP Protection in the Inter-war Aircraft Industry

Walker Hanlon, NYU
Thursday, November 15, 2018
11:30 AM-1:00 PM
201 Lorch Hall Map
Abstract

Can granting IP protection to one good affect the innovation rate in other related goods? To answer this question we exploit a unique policy experiment in the inter-war military aircraft industry. Airframe designs had little IP protection before 1926, but changes passed by Congress in 1926 provided airframe manufacturers with enhanced property rights over the new designs they produced. We show that granting property rights to airframe producers increased innovation in airframes, but slowed down innovation in aero-engines, a complementary good where there was no change in the availability of IP protection. We propose and test a simple theory that explains these patterns.
Building: Lorch Hall
Event Type: Workshop / Seminar
Tags: Economics, History, seminar
Source: Happening @ Michigan from Department of Economics, Economic History, International Economics, Department of Economics Seminars