https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3912074 Skip to main content PDF iconDownload This Paper Open PDF in Browser Add Paper to My Library Share: * * * * Permalink Using these links will ensure access to this page indefinitely [https://papers.ssrn.] Copy URL [https://dx.doi.org/1] Copy DOI Software Piracy and IP Management Practices: Strategic Responses to Product-Market Imitation USPTO Economic Working Paper No. 2021-3 48 Pages Posted: 28 Aug 2021 See all articles by Wendy A. Bradley Wendy A. Bradley Southern Methodist University (SMU) - Strategy & Entrepreneurship Department Julian Kolev United States Patent and Trademark Office Date Written: August 2021 Abstract How do firms' IP strategies respond to sudden increases in product-market imitation? Using a 2001 technological shock that enabled rising software piracy, we implement an instrumental-variables estimator to compare a treatment group of at-risk-of-piracy firms with matched not-at-risk control firms. We find that rising piracy increases subsequent R&D spending, copyrights, trademarks, and patents for large, incumbent software firms. Furthermore, copyright and trademark filings precede those of patents, and firms with large patent portfolios disproportionately increase copyrights and trademarks following the shock. We conclude that piracy and similar competitive shocks push firms to innovate to stay ahead of imitator products, and that this effect is moderated by their existing patent portfolios. Our findings have implications for managers seeking to capture value from IP in knowledge-based industries. Keywords: piracy, software, innovation, intellectual property JEL Classification: O32, O34, D22, M21, L86 Suggested Citation: Suggested Citation Bradley, Wendy and Kolev, Julian, Software Piracy and IP Management Practices: Strategic Responses to Product-Market Imitation (August 2021). USPTO Economic Working Paper No. 2021-3, Available at SSRN: https://ssrn.com/abstract=3912074 or http://dx.doi.org/10.2139/ ssrn.3912074 Wendy Bradley Southern Methodist University (SMU) - Strategy & Entrepreneurship Department Southern Methodist University (SMU) - Strategy & Entrepreneurship Department ( email ) 6212 Bishop Blvd. Dallas, TX 75205 United States HOME PAGE: http://https://www.smu.edu/cox/Our-People-and-Community/ Faculty/Wendy-Bradley Julian Kolev (Contact Author) United States Patent and Trademark Office United States Patent and Trademark Office ( email ) Alexandria VA 22313-1451 United States PDF iconDownload This Paper Open PDF in Browser Do you have a job opening that you would like to promote on SSRN? Place job opening Paper statistics Downloads 336 Abstract Views 7,101 rank 662,001 PlumX Metrics Related eJournals * SMU Cox School of Business Research Paper Series Follow SMU Cox School of Business Research Paper Series Subscribe to this free journal for more curated articles on this topic FOLLOWERS 5,605 PAPERS 441 This Journal is curated by: Sandy Miller at Southern Methodist University (SMU) - Edwin L. Cox School of Business, Melissa Johnson at Southern Methodist University (SMU) - Edwin L. Cox School of Business * S&P Global Market Intelligence Research Paper Series Follow S&P Global Market Intelligence Research Paper Series Subscribe to this free journal for more curated articles on this topic FOLLOWERS 2,523 PAPERS 34,524 * US Patent & Trademark Office (USPTO) Economic Research Paper Series Follow US Patent & Trademark Office (USPTO) Economic Research Paper Series Subscribe to this free journal for more curated articles on this topic FOLLOWERS 1 PAPERS 33 Feedback Feedback to SSRN Feedback (required) [ ] Email (required) [ ] Submit If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday. Submit a Paper Section 508 Text Only Pages SSRN Quick Links * SSRN Solutions * Research Paper Series * Conference Papers * Partners in Publishing * Jobs & Announcements * Newsletter Sign Up SSRN Rankings * Top Papers * Top Authors * Top Organizations About SSRN * SSRN Objectives * Network Directors * Presidential Letter * Announcements * Contact us * FAQs * * * Copyright Terms and Conditions Privacy Policy We use cookies to help provide and enhance our service and tailor content. To learn more, visit Cookie Settings. This page was processed by aws-apollo1 in 0.203 seconds