Spillover Effects of Intellectual Property Protection in the Interwar Aircraft Industry Journal Article uri icon

Overview

abstract

  • Abstract; Can strengthening intellectual property protection for producers of one good affect innovation in other related goods? To answer this question, we exploit a unique policy experiment in the interwar military aircraft industry. Airframe designs had little intellectual property protection before 1926, but changes passed by Congress in 1926 provided airframe manufacturers with enhanced property rights over new designs. We show that granting property rights to airframe producers increased innovation in airframes, but slowed innovation in aero-engines, a complementary good where there was no change in the availability of intellectual property protection. We propose and test a simple theory that explains these patterns.

publication date

  • June 17, 2022

has restriction

  • closed

Date in CU Experts

  • December 12, 2022 7:47 AM

Full Author List

  • Hanlon W; Jaworski T

author count

  • 2

Other Profiles

International Standard Serial Number (ISSN)

  • 0013-0133

Electronic International Standard Serial Number (EISSN)

  • 1468-0297

Additional Document Info

start page

  • 1824

end page

  • 1851

volume

  • 132

issue

  • 645