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Intellectual Property and Unfair Trade: Market Response to ITC Actions

Author

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  • Richard Harper

Abstract

Firm-specific wealth effects associated with US International Trade Commission Section 337 investigations of intellectual property right infringements are estimated. A major finding is that the 337 protection is valuable to complainant firms, but the timing of wealth effects suggests differing motivations for firms which pursue this remedy. Other findings are that firms involved in concurrent District Court litigation and firms with greater number of respondents are less likely to settle their case prior to an ITC determination. Recent statutory changes in Section 337 also appear to have increased complainant firms' incentives to settle.

Suggested Citation

  • Richard Harper, 1994. "Intellectual Property and Unfair Trade: Market Response to ITC Actions," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 1(3), pages 343-353.
    • Handle: RePEc:taf:ijecbs:v:1:y:1994:i:3:p:343-353
    DOI: 10.1080/758536226
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    Cited by:

    1. Eric P. Chiang, 2004. "Determinants of Cross‐Border Intellectual Property Rights Enforcement: The Role of Trade Sanctions," Southern Economic Journal, John Wiley & Sons, vol. 71(2), pages 424-440, October.

    More about this item

    Keywords

    Intellectual property; Patent; International trade; Administered protection; Event study; International Trade Commission; Section 337; JEL Clasification F14; G14;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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