Working Paper: CEPR ID: DP4658
Authors: Neil Gandal; Nataly Gantman; David Genesove
Abstract: The authors take a preliminary look at the interaction between patenting and standardization committee participation in the US modem industry. Both involve a much wider set of firms than the downstream modem manufacturers themselves. Not surprisingly, the two activities are highly correlated across firms. Using five-year periods, Granger causality tests show that while patenting is predicted by participation in earlier standardization meetings, meetings participation is not predicted by earlier patenting. The authors interpret these results as reflecting the timing of standard setting relative to innovation.
Keywords: modems; patenting; standardization committee participation
JEL Codes: L13; L86
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
Cause | Effect |
---|---|
Participation in standardization meetings (L15) | Future patenting activity (O34) |
Earlier participation in standardization meetings (L15) | Later patents (O34) |
Earlier patents (O34) | Participation in later meetings (J22) |