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University of Chicago Press Journals


Do intellectual property rights on existing technologies hinder subsequent innovation?

A recent study published in the Journal of Political Economy suggests that intellectual property rights on existing technologies can discourage subsequent scientific research. Researchers found a persistent 20-30% reduction in subsequent scientific research and product development for genes held by Celera's intellectual property.

SourceUniversity of Chicago Press Journals·JournalJournal of Political Economy·DateMar 27, 2013

How does family life influence consumer response to television advertising?

A new study in the Journal of Consumer Research finds that creative and skilled viewers can overturn and personalize commercial advertising meanings for family benefit. Researchers placed cameras in suburban homes to study viewer behavior during TV ad breaks, revealing the impact of family interaction on advertising response.

SourceUniversity of Chicago Press Journals·JournalJournal of Consumer Research·DateJan 15, 2013

Matching brands: Why do consumers prefer Tostitos salsa with Tostitos tortilla chips?

A new study in the Journal of Consumer Research found that consumers enjoy Tostitos salsa with Tostitos tortilla chips more when told they come from the same brand. The authors conclude that matching brands can enhance joint consumption experiences and provide an advantage for companies offering complementary products.

SourceUniversity of Chicago Press Journals·JournalJournal of Consumer Research·DateNov 13, 2012

Do consumers evaluate cell phones differently if the warranty is expressed in years or days?

A recent study found that consumers tend to favor warranties expressed in standard units, such as years. When presented with alternative units, like days, consumers' evaluations of cell phone warranties were negatively impacted. This shift in perception occurred mainly when individual products were shown in isolation.

SourceUniversity of Chicago Press Journals·JournalJournal of Consumer Research·DateNov 13, 2012

Rewards programs: When do consumers compare experience over value?

A new study reveals that consumers are less satisfied when they receive products with easily countable rewards, focusing instead on the value. In contrast, rewards that are harder to quantify, such as free products or vacation packages, lead to more satisfying experiences as consumers focus on the unique aspects of their own experience.

SourceUniversity of Chicago Press Journals·JournalJournal of Consumer Research·DateOct 22, 2012