Showing 1 - 10 of 12
I analyse how patent litigation outcome in Germany affects the performance of the disputing firms by interpreting … the functioning of the bifurcated German patent litigation system: The separation of litigation and invalidity decisions …, resulting in invalidity decisions taking much longer than decisions on infringement, provides patent holders with a window of …
Persistent link: https://www.econbiz.de/10010957683
This paper looks at the decision to settle patent litigation in Germany from a new angle by focusing on detailed data …% of all patent litigation cases in Germany between 2000 and 2008 we estimate the likelihood of within-trial settlement. We …. Additionally, firm-specific stakes as measured by the relation of the involved parties to the disputed patent as well as firm …
Persistent link: https://www.econbiz.de/10010957695
Finance theory does not provide a comprehensive framework for explaining risk management within the imperfect financial environment in which firms operate. Corporate managers, however, rank risk management as one of their most important objectives. Therefore, it is not surprising that papers on...
Persistent link: https://www.econbiz.de/10005098196
We compare patent litigation cases across four European jurisdictions - Germany, France, the Netherlands, and the UK … information at the case, litigant, and patent level for patent cases filed at the major courts in the four jurisdictions. We find …
Persistent link: https://www.econbiz.de/10010957667
This paper analyzes the effect of environmental regulation on stock returns (as a measure of economic performance) for German energy corporations. By using event study methodology, we consider the last minute victory of the acting government in the 2002 German federal elections to the Lower...
Persistent link: https://www.econbiz.de/10005097701
This article contributes to the literature on macroeconomic announcements and their impact on asset prices by investigating how the 15-second Xetra DAX returns reflect the monthly announcements of the two best known business cycle forecasts for Germany, i.e. the ifo Business Climate Index and...
Persistent link: https://www.econbiz.de/10005097856
Around the turn of the year 2005/2006, the Russian freezing of natural gas exports to the Ukraine led to a European gas crisis. Using event study technique, we first investigate whether the Russian announcement of suspension of gas deliveries, this suspension itself as well as its withdrawal,...
Persistent link: https://www.econbiz.de/10005098034
By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...
Persistent link: https://www.econbiz.de/10005098178
such as the European Patent Office (EPO). Yet, not all firms file their patents at the EPO, raising the specter of a …
Persistent link: https://www.econbiz.de/10010957647
This paper presents an empirical analysis of the determinants of patent litigation in Germany, based on information … analysis show that relatively valuable patents are more likely to be involved in litigation cases than the average patent … than patents which have not been opposed. Patent owner?s ability to trade patents with potential infringers and to interact …
Persistent link: https://www.econbiz.de/10005098016