Showing 1 - 10 of 224
This paper uses a gravity framework to investigate the effects of distance as well as subnational and national borders in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan level within the U.S. and the 38 largest patent-cited...
Persistent link: https://www.econbiz.de/10003833339
in this sector and the relative time lag between the citing and cited patents. …
Persistent link: https://www.econbiz.de/10011398036
This paper develops a model of patent trolls to understand various litigation strategies employed by nonpracticing entities (NPE). We show that when a NPE faces multiple potential infringers who use related technologies, it can gain a credible threat to litigate even when it has no such...
Persistent link: https://www.econbiz.de/10011344729
entrepreneurial effort allocated to high-quality invention projects. Using data on patents granted to small firms and individuals, we …
Persistent link: https://www.econbiz.de/10009691699
-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … conclusion may not hold if we entertain the possibility that patents are probabilistic and can be invalidated in court. In such a … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …
Persistent link: https://www.econbiz.de/10010199442
The paper discusses the effects of the corporate tax on local R&D expenditures by multinational enterprises (MNEs) when income from intellectual property (IP) may or may not benefit from a special IP regime. Our model shows that an increase of the standard corporate tax may have positive effects...
Persistent link: https://www.econbiz.de/10012668340
reductions increase the number of patents. That said, not all patents are equally novel. In particular, the patent box encourages … the submission of patents of marginal novelty, a selection effect that would reduce the average success rates of patents …
Persistent link: https://www.econbiz.de/10012231571
This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...
Persistent link: https://www.econbiz.de/10011602763
We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …
Persistent link: https://www.econbiz.de/10011610914
Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have higher early growth rates and initial patent quality than non-VC-backed ones. VC-backing increases a startup's likelihood of reaching the right tails of the firm size and...
Persistent link: https://www.econbiz.de/10012104061