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Patent protection, market uncertainty, and R&D investment

Czarnitzki, Dirk (contributor); Toole, Andrew A. (contributor) - 2006

The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment by increasing the value of waiting. This paper presents empirical evidence that patent protection mitigates the effect market uncertainty on R&D investment.

Persistent link: https://www.econbiz.de/10003359656

Invalid but infringed? : an analysis of Germany’s bifurcated patent litigation system

Cremers, Katrin; Gaessler, Fabian; Harhoff, Dietmar; … - 2014

We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent litigation system where infringement and validity of a patent are decided independently by different courts. We show that bifurcation creates situations in which a patent is held...

Persistent link: https://www.econbiz.de/10010416329

New evidence on determinants of IP litigation : a market-based approach

Czarnitzki, Dirk; Criekingen, Kristof van - 2018

, this paper examines the occurrence of IP litigation cases in Belgian firms using the 2013 Community Innovation Survey with … supplemental information on IP litigation and patent portfolios. The rich survey information regarding firms’ general innovation … imitation and incremental innovation. Our results indicate that when controlling for firms’ IP portfolio, the composition of …

Persistent link: https://www.econbiz.de/10011816416