Patent renewal studies reveal a highly rightward-skewed distribution of patent values. Our approach elicits valuations … approximating those of the patented invention. This paper focuses on the full-term patents of the application year 1977 held by West … appears to provide the best fit to our patented invention value data. …

We explore the tail of patented invention value distributions by using value estimates obtained directly from patent …-Maddala and log normal distributions, the log normal appears to provide the best fit to our patented invention value data. …

-specific capital on productivity and influence the career trajectories of the remaining collaborators. We empirically investigate the … moderate negative effect on the productivity of the remaining collaborators. This negative effect disappears when we focus on …

firm as a passive observer of invention declines. This study argues that acquiring firms can take measures by hiring new … key inventors. We show that the hiring of new key inventors in the post-M&A period can counteract invention declines in …