harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … 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 …

for acquiring for the purpose of putting a patent to sleep decreases when the intellectual property law is stricter …

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. …

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

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … are shown to be solved by verification through entry for sale. -- acquisitions ; entrepreneurship ; innovation ; start …-ups ; patent ; ownership ; quality …

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 …

accumulated and stored in monasteries was useful for innovation. In 1866, anticlerical legislation in Italy led to the suppression … a significant increase in innovation. The effect is driven by the increase in the number of manuscripts in previously … existing libraries. We show that the innovation advantage also persisted in the long run and had no impact on human capital. …

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 countries outside the U.S. We present 3 key findings: First, we find … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and …

probabilistic distribution of the patent citations among several major sectors. Secondly, the firm-oriented data is studied to … investigate the relationships between the Belgian firms size and their patent citation behavior. The modeling results conclude … that there is evidence that the smaller firms tend to be more active in patent citation than larger ones. Analyzing the …