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Patent renewal studies reveal a highly rightward-skewed distribution of patent values. Our approach elicits valuations approximating those of the patented invention. This paper focuses on the full-term patents of the application year 1977 held by West German and U.S. residents. The tail of...
Persistent link: https://www.econbiz.de/10011417839
This paper focuses on developing and adapting statistical models of counts (non-negative integers) in the context of panel data and using them to analyze the relationship between patents and R&D expenditures. The model used is an application and generalization of the Poisson distribution to...
Persistent link: https://www.econbiz.de/10013218984
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We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...
Persistent link: https://www.econbiz.de/10013428141
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...
Persistent link: https://www.econbiz.de/10011621855
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …
Persistent link: https://www.econbiz.de/10012139072
We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation …. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large …
Persistent link: https://www.econbiz.de/10014503038
Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on … was subsequently cited. results from two wide-ranging surveys, one in Germany and one in the United States, support … expiration in environments such as Germany with highly progressive annual maintenance fees are more valuable and more highly …
Persistent link: https://www.econbiz.de/10011417779
dem Mannheimer Innovationspanel wird in mehrfacher Hinsicht Neuland - zumindest für die Bundesrepublik Deutschland … gleichzeitig die deutsche Teilerhebung der in allen EG-Ländern durchgeführten 'Community Innovation Survey' dar. Der Fragebogen …
Persistent link: https://www.econbiz.de/10011622173