-in-difference regressions on firms' debt allows deducting treatment effects of using patents as collateral. We find that patent pledging enables …We investigate how intangible capital in form of intellectual property, such as patents, might mitigate financing … constraints. While scholars have already argued that patents might have a signalling value reducing information asymmetries …

which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents … yielded a count of citations to those patents. Patents renewed to full term were significantly more valuable than patents … allowed to expire before their full term. The higher an invention's economic value estimate was, the more the relevant patent …

which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents … yielded a count of citations to those patents. Patents renewed to full term were significantly more valuable than patents … allowed to expire before their full term. The higher an invention's economic value estimate was, the more the relevant patent …

This paper shows that the American Inventor's Protection Act, which introduced the disclosure of patent applications … receives legal protection, is associated with a reduction of family firms' research and development (R&D) investment. This … suggests that early disclosure of patent applications is perceived as a threat to family firms' innovation activity and …