. 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 analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …

The doctrine of "patent exhaustion" implies that the authorized sale of patented goods "exhausts" the patent rights in … model of domestic patent exhaustion that incorporates transaction costs in consumer licensing, and examines how a shift in … patent policy from absolute to presumptive exhaustion, in which the patent owner can opt- out of exhaustion via contract …

This paper develops a model of patent trolls to understand various litigation strategies employed by nonpracticing …

the optimal mix of patent and trade secrets when the innovator faces a strict novelty requirement and can only patent a … innovator can successively patent different fragments of the process. We compare a regime with prior user rights, when the …

.S. "exhausts" all rights of the patentee to that item under the Patent Act. This decision goes against the Government's position … that a foreign sale authorized by the U.S. patentee should exhaust U.S. patent rights by default unless the patentee … subjects the firms that source in the South and sell in the North to the risk of a patent infringement lawsuit but allows the …

This paper provides a first comprehensive quantitative analysis of optimal patent policy in the global economy. We … application delivers three main results. First, the potential gains from international cooperation over patent policies are large …