A large literature asserts that standard essential patents (SEPs) allow their owners to “hold up” innovation by … innovation in SEP-reliant industries. We find no empirical support for either prediction. Indeed, SEP-reliant industries have the …

Such institutions as patent systems cannot be well understood without an assessment of technological creativity in …. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial …

This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries … duration and content of patent and price control regimes. Price regulation strongly delays launch, while longer and more … extensive patent protection accelerates it. Health policy institutions, and economic and demographic factors that make markets …

innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …

the effects of a patent pool on innovation. Contrary to theoretical predictions, the sewing machine pool appears to have …Members of a patent pool agree to use a set of patents as if they were jointly owned by all members and license them as … a package to other firms. Regulators favor pools as a means to encourage innovation: Pools are expected to reduce …

Data availability is arguably the greatest impediment to advancing the science of science and innovation policy and … very flexible sources of data for serious research on many issues in the study of organizations in innovation systems in …

The history of innovation in the chemical industry offers many insights for accelerating energy innovation. In this … chapter, we begin by laying out the early history of the chemical industry for an overview of the role innovation has played … coal to oil, and briefly analyze two government programs that have attempted to promote innovation: synthetic rubber and …

deadweight loss associated with the patent system and discourage innovation by others. Economic efficiency is promoted if rewards … the patent system designed to spur innovation by better aligning the rewards and contributions of patent holders … the social benefits of their innovations if innovation is to be suitably rewarded and encouraged. However, this paper …