innovations by taking more time to perform their reviews. We study the relationship between the length of patent review and the … importance of inventions in a theoretical model. We build a simple model of the US patent review process. The model predicts that …, controlling for a patent's position in the new technology cycle, more important innovations would (and should) be approved more …

cumulative innovation. This paper studies the effects of strategic patenting on R&D, patenting and market value in the computer … software industry. We focus on two key aspects: patent portfolio size which affects bargaining power in patent disputes, and … the fragmentation of patent rights ('patent thickets') which increases the transaction costs of enforcement. We develop a …

rates and reduce output as compared to non-integration. Horizontal integration of IP holders (or a patent pool) solves the … complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation. …

sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs …-run performance, but also infl ates their acquisition prices, and lowers their acquirers' overall profits. Patent law usefulness …

by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it … may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …

measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment … impact on patent count at industry level, and this impact is larger than that of R&D expenditures. We confirm that this … and material. Therefore, our finding suggests that, at industry level, VC investment increases the patent propensity but …

individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … innovation. …

Patent Offices to track inventors' locations over time and combine it with international effective top tax rate data. We … others, measures of patent quality and technological fit with each potential destination. We find that superstar top 1 …

This paper examines the sources of firm product and process innovation in Norway. It uses a purpose-built survey of ….’s (2007) contention that firm innovation is both the result of ‘science, technology and innovation’ (STI) and ‘doing, using … innovation and that both STI and DUI-modes of interaction matter. However, it also shows that DUI modes of interaction outside …