Please use this identifier to cite or link to this item: https://doi.org/10.1162/REST_a_00532
Title: Law and Innovation: Evidence from State Trade Secrets Laws
Authors: Png, IPL 
Keywords: Social Sciences
Economics
Social Sciences, Mathematical Methods
Business & Economics
Mathematical Methods In Social Sciences
RESEARCH-AND-DEVELOPMENT
WORLDS-FAIRS
SPILLOVERS
PATENTS
FIRMS
Issue Date: 1-Mar-2017
Publisher: MIT PRESS
Citation: Png, IPL (2017-03-01). Law and Innovation: Evidence from State Trade Secrets Laws. REVIEW OF ECONOMICS AND STATISTICS 99 (1) : 167-179. ScholarBank@NUS Repository. https://doi.org/10.1162/REST_a_00532
Abstract: Here, I study the effect of state enactment of the Uniform Trade Secrets Act (UTSA) on R&D among U.S. businesses between 1979 and 1998. Using a new index of the legal protection of trade secrets, I find that the UTSA was associated with higher R&D among larger companies and those in high-tech industries. For the average company in the respective industry, the UTSA was associated with 3.2% more R&D in pharmaceuticals and 3.1% more R&D in computers and office equipment, as contrasted with no significant change in soaps and cleaners, and industrial machinery and equipment.
Source Title: REVIEW OF ECONOMICS AND STATISTICS
URI: https://scholarbank.nus.edu.sg/handle/10635/192265
ISSN: 00346535
15309142
DOI: 10.1162/REST_a_00532
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