innovation. Yet, denying patents on research inputs can frustrate patent law’s broad goal to protect and promote advances in …The patent system gives the courts discretion to tailor patentability standards flexibly across technologies to provide … optimal incentives for innovation. For chemical inventions, the courts deem them unpatentable if the chemical lacks a …

Patent race models assume that an innovator wins the only patent covering a product. But when technologies are complex … patent standards are low, firms build "thickets" of patents, especially incumbent firms in mature industries. When they … other hand, when lead time advantages are significant and patent standards are high, firms pursue strategies of "mutual non …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property …'s accession to the World Trade Organization) (WTO) in 2001. We also show that there is a positive upstream spillover effect of FDI …

-performance "innovation" effect for option-based compensation is higher than that for stock-based compensation. Within the options (stocks … achieve less innovation compared to those of high-growth firms. Throughout, we reveal that the effect of CEOs performance …-pay on innovation is mainly relevant among overconfident managers than non-overconfident ones. …