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This paper aims at contributing to the literature on the determinants of patent value. First, it puts forward a new potential class of value determinants in the form of filing strategies (encompassing filing routes and drafting styles). Second, it provides empirical evidence suggesting that...
Persistent link: https://www.econbiz.de/10005791370
The renewal of patents and their geographical scope for protection constitute two essential dimensions in a patent’s life, and probably the most frequently used patent value indicators. The intertwining of these dimensions (the geographical scope of protection may vary over time) makes their...
Persistent link: https://www.econbiz.de/10005123782
skewed distribution of patent values. Our measure is significantly correlated with the number of patent citations, references …, claims, and countries in which the patent is applied. Citations explain value as much as the other three indicators combined …, and the right tail of citations is correlated with the right tail of our value measure. Yet, the four indicators only …
Persistent link: https://www.econbiz.de/10005792528
Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the motivations to invent, and the actual use and...
Persistent link: https://www.econbiz.de/10005124480
The joint increase in the number and size of patents filed around the world puts the patent system under pressure. This paper analyses the sources of this surge in number of claims and pages of patent applications at the EPO. Four hypotheses are scrutinized: the diffusion of national drafting...
Persistent link: https://www.econbiz.de/10005498178
The joint increase in the number and size of patents filed around the world puts patent systems under pressure. This paper addresses issues in measuring the voluminosity of patent applications and highlights patterns in its evolution. The results - based on a 2 million EPO applications database...
Persistent link: https://www.econbiz.de/10005504690
Strategic patenting is widely believed to raise the costs of innovating, especially in industries characterised by cumulative innovation. This paper studies the effects of strategic patenting on R&D, patenting and market value in the computer software industry. We focus on two key aspects:...
Persistent link: https://www.econbiz.de/10005792508
We introduce two simple new variants of the Jackknife Instrumental Variables (JIVE) estimator for overidentified linear models and show that they are superior to the existing JIVE estimator, significantly improving on its small sample bias properties. We also compare our new estimators to...
Persistent link: https://www.econbiz.de/10005792526
This paper develops a methodology to compare the quality of examination services across patent offices. Quality is defined as the extent to which patent offices comply with their patentability conditions in a transparent way. The methodology consists of a two-layer analytical framework...
Persistent link: https://www.econbiz.de/10008554229
We study the problem of an inventor who brings to the market an innovation that can be legally copied. Imitators may 'enter' the market by copying the innovation at a cost or by buying from the inventor the knowledge necessary to reproduce and use the invention. The possibility of contracting...
Persistent link: https://www.econbiz.de/10008477187