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Firms use a variety of practices to disclose the knowledge generated by their R&D activities, including, but not limited to, publishing findings in scientific journals, patenting new technologies, and contributing to developing standards. While the individual effects of engaging in the listed...
Persistent link: https://www.econbiz.de/10013266316
firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent … of patents on the dissemination of R&D findings is, however, insignificant. Therefore, we conclude that patent … functioning of the contemporary patent system. We find that patenting firms are being less confronted with imitation. The effect …
Persistent link: https://www.econbiz.de/10012623469
are important explorations made by China in recent years to promote innovations and the commercialization of patents in … universities. The two reforms have adopted different models in the allocation of university patent ownership. The former completely … allocated the patent ownership to universities, while the latter allocated 70% of the patent ownership to the inventors. Based …
Persistent link: https://www.econbiz.de/10014247942
plant size. We further find lagged negative effects on the (citation-weighted) number of filed patents. …
Persistent link: https://www.econbiz.de/10012659100
challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …
Persistent link: https://www.econbiz.de/10013428313
in the context of the US government’s procurement of R&D. We link tender, contract, patent, and office records to the …&D contract to generate patents. We provide suggestive evidence that backlogged contracting officers are unable to devote enough …
Persistent link: https://www.econbiz.de/10012596749
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
invention (through patents) and the clinical trials data submitted for market approval (through data exclusivity). Patent … market exclusivity on the likelihood of drug commercialization. The effect is largely driven by patent invalidations early in …
Persistent link: https://www.econbiz.de/10012064786
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the … patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation … that exploits personnel scarcity in post-grant opposition at the European Patent Office. We find that patent invalidation …
Persistent link: https://www.econbiz.de/10012139072
,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises …
Persistent link: https://www.econbiz.de/10013362008