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Radio “Fences” and Inventor Attention to Property Rights: Evidence from Wireless Patents

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  • Sarah Oh

    (Technology Policy Institute)

Abstract

Do the inventors of radio “fences” (which restrict transmissions externalities) care about property rights? I hypothesize that inventors do pay attention to policy regimes such as licensed and unlicensed spectrum when building technologies to handle interference. To answer this question, I conduct textual analysis of 500,000 wireless patents to estimate inventor attention to property rights. I find that inventors are more likely to mention interference and sensor technology if they mention property rights, than if they do not discuss property rights. While further research is needed to determine causality, textual analysis provides evidence of inventor attention to property rights regimes.

Suggested Citation

  • Sarah Oh, 2020. "Radio “Fences” and Inventor Attention to Property Rights: Evidence from Wireless Patents," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(1), pages 37-72, February.
    • Handle: RePEc:kap:revind:v:56:y:2020:i:1:d:10.1007_s11151-018-9665-5
    DOI: 10.1007/s11151-018-9665-5
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    References listed on IDEAS

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    1. Antonin Bergeaud & Yoann Potiron & Juste Raimbault, 2017. "Classifying patents based on their semantic content," PLOS ONE, Public Library of Science, vol. 12(4), pages 1-22, April.
    2. Hazlett, Thomas W, 1998. "Assigning Property Rights to Radio Spectrum Users: Why Did FCC License Auctions Take 67 Years?," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 529-575, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Property rights; Spectrum policy; Textual analysis;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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