patent application. The analysis is based on patent data from the Norwegian Industrial Property Office merged with data from … for confounding factors. The first patent application by a young firm is associated with significant growth in employment … three years ahead of the first patent application. However, we find no evidence of additional firm growth after patent …

HPV vaccination rates while keeping innovation incentives. We estimate the global patent buyout price as the present … to fight the disease. However, high vaccine prices enforced through patent protection are limiting vaccine expansion …, particularly in low- and middle-income countries. By limiting market power, patent buyouts could reduce vaccine prices and raise …

Encouraging inventors to disclose new inventions is an important economic justification for the patent system, yet the … technical information contained in patent applications is often inadequate and unclear. This paper proposes a novel approach to … measure disclosure in patent applications using algorithms from computation allinguistics. Borrowing methods from the …

This paper analyzes the setting of national patent policies in the global economy. In the standard model with free … induce individual countries to select patent strengths that are weaker than is optimal from a global perspective. The paper … considerations in setting patent policies. The first two features (trade barriers interacting with firm heterogeneity) tend to reduce …

. Domestic innovation is measured as citation-weighted domestic patents filed at the European Patent Office (EPO): to account for … to patent at the EPO. Results show that, in the short-run, IPR stimulate innovation. The effect for developing countries …This paper analyses the causal impact of Intellectual Property Rights (IPR) on pharmaceutical innovation in a panel of …

.S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector … emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U …

Innovation is part idea generation and part development. We build a model of “innovating-bydoing,” whereby ideas come … to practitioners. Successful innovation requires that practitioners’ideas be developed through costly effort. Our model … program onmedical equipment innovation. Our model’s structure allows us to infer the Medicare program’saggregate effects. We …

are emphasized in patent documents. Our analysis of historical patents yields three primary facts. First, we find that the …We analyze wartime prosthetic device patents to investigate how demand and procurement policy can shape medical … innovation. We use machine learning tools to develop new data describing the aspects of medical and mechanical innovations that …

countries can simultaneously use patent boxes and R&D subsidies to promote innovation. We show that when countries set their tax … policies unilaterally, innovation is fostered, at the margin, only by the R&D subsidy. The patent box tax rate is instead …Many countries have introduced patent box regimes in recent years, offering a reduced tax rate to businesses for their …