are known to all parties. When royalty payments are increasing in one’s patent portfolio, private information about the … simultaneous increase in the cost of padding, that is, a better filtering of patent applications; (iii) upstream firms have more … incentives to pad than vertically-integrated firms which internalize the fact that patent proliferation raises the share of …

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 …

We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …

distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

imitative R&D to copy state-of-the-art quality Northern products. Both innovation and imitation rates are endogenously …