Drivas, Kyriakos; Fafaliou, Irene; Fampiou, Elpiniki; … - Volkswirtschaftliche Fakultät, … - 2014
This paper examines whether patents increase the geographic reach of the market for ideas. By employing a dataset of 25,127 US patents traded between US located firms, we find that patents sold during application phase are less likely to be traded outside the seller‟s state than patents that...