Thesis (Ph. D.)--UCLA, 2005. / Vita. Includes bibliographical references (leaves 148-153).

Thesis (doctoral)--Université de Neuchatel.

It is well recognized that there are imperfections in the market for knowledge transfer due to the nature of ideas and inventions. This is consistent with market failures commonly discussed in the economics of information literature. Some of the impediments to efficiency axe examined here in three essays—one empirical, one theoretical, and one case study—all of which share the theme of scientific knowledge movement. The first essay is empirical and measures the systematic effects of direct interaction and geographic distance between university and firm scientists on the economic performance of imported inventions. This study concludes that, with respect to licensing royalties, scientific interaction has an elasticity of approximately 3 at the mean, which is highly robust, and that distance does not have a significant effect after controlling for interaction. This suggests imperfections in the market for know-how that are sensitive to distance. The second essay is a case study of an invention from the area of robotics and control systems and augments the empirical work presented in the previous essay by illustrating specific reasons why interaction was important for the commercialization of one particular early stage invention. The third essay develops a game theoretic model involving the strategic manipulation of incentives by an incumbent to create an 'intellectual property commons' for the purpose of preventing the commercial development of a disruptive technology that would otherwise threaten existing industry margins. The strategy of spoiling incentives to commercialize public sector scientific inventions by eliminating exclusive intellectual property rights—the strategy of the commons—is motivated by a fear of cannibalization and supported by a credible threat. It is shown that the degree of cannibalization to which the new technology exposes the old market is responsible for this market failure.

It is well recognized that there are imperfections in the market for knowledge transfer due to the nature of ideas and inventions. This is consistent with market failures commonly discussed in the economics of information literature. Some of the impediments to efficiency axe examined here in three essays—one empirical, one theoretical, and one case study—all of which share the theme of scientific knowledge movement. The first essay is empirical and measures the systematic effects of direct interaction and geographic distance between university and firm scientists on the economic performance of imported inventions. This study concludes that, with respect to licensing royalties, scientific interaction has an elasticity of approximately 3 at the mean, which is highly robust, and that distance does not have a significant effect after controlling for interaction. This suggests imperfections in the market for know-how that are sensitive to distance. The second essay is a case study of an invention from the area of robotics and control systems and augments the empirical work presented in the previous essay by illustrating specific reasons why interaction was important for the commercialization of one particular early stage invention. The third essay develops a game theoretic model involving the strategic manipulation of incentives by an incumbent to create an 'intellectual property commons' for the purpose of preventing the commercial development of a disruptive technology that would otherwise threaten existing industry margins. The strategy of spoiling incentives to commercialize public sector scientific inventions by eliminating exclusive intellectual property rights—the strategy of the commons—is motivated by a fear of cannibalization and supported by a credible threat. It is shown that the degree of cannibalization to which the new technology exposes the old market is responsible for this market failure. / Business, Sauder School of / Graduate

A patent is an intellectual property right granted as a reward for the labours of the inventor so as to commercially exploit the invention in return for disclosure of the invention. The benefits of the patent system find perfect expression in the employment situation since the employer is better equipped to exploit the invention through provision of resources and capital whereas the employee is provided with an opportunity to develop his technical know-how. A comparative study of the laws pertaining to employee inventions in the United Kingdom, Federal Republic of Germany and the United States of America reveals a variety of approaches to the subject of employee inventions. The approach of the South African law on the subject is inadequate and legal reform is a necessity. The recommendations for such reform encapsulates a blend of the best features of each of the three national approaches to employee inventions. / Mercentile Law / LL. M. (Law)

What is the role of the independent inventor today? Historically, he has played an important role but circumstances have now changed. The objectives of this thesis have been: (1) to assess the value of inventions made by independent inventors; (2) to determine whether the government should provide support; and (3) if so, how? It is not appropriate to make a judgement about the value of independent inventors on qualitative data alone. Therefore, attempts must be made to obtain quantitative data on the value, in economic and social terms, of inventions of independent inventors. The unique feature of this thesis is the survey of members of the Inventors' Association of Australia to assess the personal characteristics of their members, the value of inventions made by members and the types of assistance required by their members. Some of the research results on the personal characteristics of independent inventors are interesting. - 95% are males. (This is supported by other research data). their educational qualifications are much higher than the general population. - on average, each inventor spends 8-10 hours per week on inventions. The survey showed that the economic value (in terms of value of output) of inventions made by members of the Inventors' Association of Australia is about $50m per annum and creates about 4000 man years of employment. It is not possible to assess what percentage of independent inventors are members of the Inventors' Association of Australia. Estimates place this between 20% and 50%. If this is the case, then it can be estimated that the value of output of inventions of independent inventors in Australia is between $100m-$260m which, in turn, creates 7,700 - 19,000 man years of employment. Additionally, the qualitative evidence suggests that Australian inventors are, at the least, equal to their overseas counterparts. There are grounds why governments should intervene to assist independent inventors indivisibility: this relates to access to information and to the large scale nature of some inventions. inappropriability: this refers to the externalities or social benefits of inventions which are not recouped by inventors through the normal market mechanisms. - uncertainty: independent inventors usually have a small number of inventions; therefore it is not possible for them to spread their risks. Large companies and some areas of the agriculture and mining industries have developed special mechanisms for spreading risk. Based on an assessment of overseas policies, an examination of existing Australian policies and the results of the Inventors' Association of Australia survey, the following steps should be taken in Australia to support independent inventors. (1) create an environment within the community which supports/encourages invention and innovation. (2) develop a national innovation policy. (3) develop an innovation finance facility. (Although this is not in operation, steps have been taken to provide this). (A) the establishment of innovation centres.

In over twenty years of operations the Canadian Innovation Centre has evaluated, through its Inventor's Assistance Program (IAP), the commercial potential of over 12,000 early stage inventions. Prior to 1989, the Canadian Innovation Centre (CIC) used a version of the Preliminary Innovation Evaluation System (PIES), developed by Gerald Udell at the Oregon Innovation Center in 1974, to evaluate the commercial potential of early stage inventions. Since 1989, the CIC has used a modified version of PIES in their evaluation process. I first estimate the ability of this program's analysts to forecast the probability that an invention will become commercialized. I also estimate a model to predict the probability that an invention will become commercialized based on the IAP's evaluation of several underlying early stage characteristics of the invention. I find that such a statistical model is based on a limited set of variables and predicts future commercial success almost as well as the IAP's forecast of success. I then use factor analysis to determine if the ratings provided by the CIC evaluation service are representative of the underlying theoretical variable structure of PIES or their modified version. Factor analysis is applied to two distinct periods that are separated by a distinct alteration of the theoretical variable structure in 1989. While I find that the factor analysis provides evidence that the post 1989 theoretical structure does provide interpretation of some of the dimensions in the ranking variables, when a combination of the post 1989 and the pre 1989 structure are examined interpretability of the extracted factors is significantly improved. Finally, I compare the model estimated on the underlying early stage characteristics with a model estimated on the extracted factors. When the predictive accuracy of the two models is compared, I find that both procedures produce models that predict almost equally well. The models and the IAP perform better than R&D managers' predictions of their own R&D projects' successes. The thesis provides recommendations for the assessment and maintenance of evaluation models for inventions, innovations and R&D projects.

In over twenty years of operations the Canadian Innovation Centre has evaluated, through its Inventor's Assistance Program (IAP), the commercial potential of over 12,000 early stage inventions. Prior to 1989, the Canadian Innovation Centre (CIC) used a version of the Preliminary Innovation Evaluation System (PIES), developed by Gerald Udell at the Oregon Innovation Center in 1974, to evaluate the commercial potential of early stage inventions. Since 1989, the CIC has used a modified version of PIES in their evaluation process. I first estimate the ability of this program's analysts to forecast the probability that an invention will become commercialized. I also estimate a model to predict the probability that an invention will become commercialized based on the IAP's evaluation of several underlying early stage characteristics of the invention. I find that such a statistical model is based on a limited set of variables and predicts future commercial success almost as well as the IAP's forecast of success. I then use factor analysis to determine if the ratings provided by the CIC evaluation service are representative of the underlying theoretical variable structure of PIES or their modified version. Factor analysis is applied to two distinct periods that are separated by a distinct alteration of the theoretical variable structure in 1989. While I find that the factor analysis provides evidence that the post 1989 theoretical structure does provide interpretation of some of the dimensions in the ranking variables, when a combination of the post 1989 and the pre 1989 structure are examined interpretability of the extracted factors is significantly improved. Finally, I compare the model estimated on the underlying early stage characteristics with a model estimated on the extracted factors. When the predictive accuracy of the two models is compared, I find that both procedures produce models that predict almost equally well. The models and the IAP perform better than R&D managers' predictions of their own R&D projects' successes. The thesis provides recommendations for the assessment and maintenance of evaluation models for inventions, innovations and R&D projects.

Texte remanié de: Thèse de doctorat--Histoire--Lille 3, 2004. / Bibliogr. p. 319-343. Notes bibliogr. Index.

A patent is an intellectual property right granted as a reward for the labours of the inventor so as to commercially exploit the invention in return for disclosure of the invention. The benefits of the patent system find perfect expression in the employment situation since the employer is better equipped to exploit the invention through provision of resources and capital whereas the employee is provided with an opportunity to develop his technical know-how. A comparative study of the laws pertaining to employee inventions in the United Kingdom, Federal Republic of Germany and the United States of America reveals a variety of approaches to the subject of employee inventions. The approach of the South African law on the subject is inadequate and legal reform is a necessity. The recommendations for such reform encapsulates a blend of the best features of each of the three national approaches to employee inventions. / Mercentile Law / LL. M. (Law)