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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 |
Appears in Collections: | Staff Publications Elements |
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