Showing 1 - 10 of 494
I develop a stylized model of court procedures that resolve disputes concerning FRAND-encumbered standard essential patents (SEPs). I analyze the effects of injunctions and potential court-imposed FRAND rates on negotiated royalty rates. The SEP-holders' ability to hold-up is constrained by the...
Persistent link: https://www.econbiz.de/10013045315
Patent box regimes have become increasingly popular as an instrument to attract taxable income from intellectual … property (IP). This paper assesses the quantitative impact of patent box regimes on profit shifting by multinational … enterprises (MNEs). We proxy the ability to access the tax benefit of the patent box by historical IP ownership. On average …
Persistent link: https://www.econbiz.de/10012915086
We analyze the voting behavior of a board of directors that has to approve (or reject) an investment proposal with uncertain return. We consider three types of directors: insiders, who are biased toward acceptance of the project, independent outsiders who want to maximize the firm's profit and...
Persistent link: https://www.econbiz.de/10013130415
In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing before and after the reform within firms, we find that quotas are associated with a higher share of female board directors, higher levels of education of board members, and a lower...
Persistent link: https://www.econbiz.de/10012979668
In this paper we contribute to the literature on the structure of interlocking directorship networks and to the literature on the relationship between corporate governance and performance. We use a unique dataset made of corporate governance variables related to the board size and interlocking...
Persistent link: https://www.econbiz.de/10013316103
This paper provides a theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of taxes and corporate governance. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate...
Persistent link: https://www.econbiz.de/10013158386
lower than the social planner's benchmark, which suggests a role for patent policy. We focus on a “non-infringing inventive … instrument in the form of patent length policy …
Persistent link: https://www.econbiz.de/10013075135
We examine the Nash equilibria of a game where two national governments set patent breadth strategically. Broader … North can innovate, harmonization of patent breadth lowers welfare relative to the Nash equilibrium. When both countries can … innovate, harmonization toward narrower patent breadth may raise world welfare …
Persistent link: https://www.econbiz.de/10012956893
This paper develops a model of patent trolls to understand various litigation strategies employed by nonpracticing …
Persistent link: https://www.econbiz.de/10013013083
patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the … chance of being granted patents but also, and more interestingly, “true innovators” are forced to patent more intensively … distortions caused by bad patents. Moreover, we show that introducing a two-tiered patent system is unlikely to improve market …
Persistent link: https://www.econbiz.de/10013051385