about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their … financial patents at the US Patent and Trademark Office, and to have also impacted other patent offices around the world. A …

about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their … financial patents at the US Patent and Trademark Office, and to have also impacted other patent offices around the world. A …

FinTech start-ups over the period 2000-2016. We employ machine learning techniques to classify a large global sample of patent … applications into five FinTech categories. We exploit the variation in the share of FinTech patent applications by non …, competition from start-ups results in a higher number of FinTech patent applications by financial incumbents as compared to non …

and production of financial innovation. We use machine learning to identify the financial patents and extensively audit … the results to ensure their reasonableness. We find that patented financial innovation is substantial and economically … financial sector, which collectively accounted for 69% of the awards. The location of innovation has shifted, with banks moving …

and production of financial innovation. We use machine learning to identify the financial patents and extensively audit … the results to ensure their reasonableness. We find that patented financial innovation is substantial and economically … financial sector, which collectively accounted for 69% of the awards. The location of innovation has shifted, with banks moving …