Showing 1 - 10 of 24
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
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
, 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
Persistent link: https://www.econbiz.de/10014329003
Persistent link: https://www.econbiz.de/10014429942
Persistent link: https://www.econbiz.de/10012305693
Persistent link: https://www.econbiz.de/10012128845
Based on an established theoretical framework of the drivers of inventive performance, the so-called KSAO (Knowledge, Skills, Abilities, and Other) factors, this paper seeks to explain empirically the performance of inventors throughout their careers. We combine survey information spanning the...
Persistent link: https://www.econbiz.de/10011381965
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions and the certification effect of patents which...
Persistent link: https://www.econbiz.de/10010204045
We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent rights influence academic entrepreneurship. In 2002, the German Federal Government enacted a major reform called Knowledge Creates Markets that set up new infrastructure to...
Persistent link: https://www.econbiz.de/10011456680