This paper develops a model of patent trolls to understand various litigation strategies employed by nonpracticing …

I analyse how patent litigation outcome in Germany affects the performance of the disputing firms by interpreting … the functioning of the bifurcated German patent litigation system: The separation of litigation and invalidity decisions …, resulting in invalidity decisions taking much longer than decisions on infringement, provides patent holders with a window of …

This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …

This paper assesses the impact of adopting a post-grant review institution in the US patent system by comparing the … 'opposition careers' of European Patent Office (EPO) equivalents of litigated US patents to those of a control group of EPO … employing these different methods in our data analysis. We find that EPO equivalents of US litigated patent applications are …

We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent … litigation system where infringement and validity of a patent are decided independently by different courts. We show that … bifurcation creates situations in which a patent is held infringed that is subsequently invalidated. Our conservative estimates …