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based on an OSS license. The marginal impact of The Commons on OSS entry is increasing in the cumulativeness of innovation …
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Proponents of the Bayh-Dole Act argue that unless universities have the right to license patentable inventions, many …
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In the first of the two companion papers, we show that the dynamic aspects of the license utilization decision in an … uncertain environment, together with the usual policy of rewarding high license utilization with future license allocations …. creates four components of the license price. These are the scarcity, asset, option, and renewal value components. Each of …
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The efficiency of resource allocation is often analyzed in static frameworks with a focus on the cross-sectional heterogeneity in the willingness to pay among users. When the resource is durable in nature, the temporal heterogeneity could be important in assessing the efficiency properties of...
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A "patent box" is a term for the application of a lower corporate tax rate to the income derived from the ownership of patents. This tax subsidy instrument has been introduced in a number of countries since 2000. Using comprehensive data on patent filings at the European Patent Office, including...
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This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast,...
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