,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises … with size, average invention quality declines, suggesting, per our model, that the large firm advantage is not due to …

received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic … procedures for application, the United States deliberately created a patent system that allowed a much wider range, in … patent institutions. Moreover, by requiring that applications be examined for novelty by technical experts, and by enforcing …

methods of inventing. For hybrid seed corn, the enabling invention was double-cross hybridization yielding highly productive …

success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …Such institutions as patent systems cannot be well understood without an assessment of technological creativity in …

We investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough …

institutional supports that made this market possible was, of course, the patent system, which created secure and tradable property … rights in invention. But trade was also facilitated by the emergence of intermediaries who economized on the information … costs associated with assessing the value of inventions and helped to match sellers and buyers of patent rights. Patent …

trade in patent rights was closely associated with increases in specialization at invention, as well as advances in rates of … invention more generally. The patent system is often celebrated for the stimulus to invention provided by granting limited … technological knowledge. Relying on evidence compiled from patent records, we argue that the evolution of a market for technology …

technologies and focused their energy and resources on invention itself. Firms responded to the expansion of this trade by … ease of integrating invention and production within the firm, we reverse the story. Economic actors at that time had a lot …