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motives to patent indicate that firms patent for reasons that often extend beyond directly profiting from a patented … motives for patenting include the prevention of rivals from patenting related inventions (i.e., patent blocking'), the use of … patents in negotiations and the prevention of suits. We find that firms commonly patent for different reasons in discrete …
Persistent link: https://www.econbiz.de/10012471223
This paper surveys the major changes in patent policy and practice that have occurred in the last two decades in the U … effects of changes in patent policy. Despite the significance of the policy changes and the wide availability of detailed data … patent policy are few. Possible reasons for these limited results are discussed, and possible avenues for future research are …
Persistent link: https://www.econbiz.de/10012471503
technological knowledge. Relying on evidence compiled from patent records, we argue that the evolution of a market for technology … trade in patent rights was closely associated with increases in specialization at invention, as well as advances in rates of … invention more generally. The patent system is often celebrated for the stimulus to invention provided by granting limited …
Persistent link: https://www.econbiz.de/10012471687
patent histories and R&D expenditures, after controlling for other firm-specific variables including size and likelihood of …
Persistent link: https://www.econbiz.de/10012471728
strengthening of US patent rights in the early 1980s. Yet the propensity of semiconductor firms to patent has risen dramatically … markets, while spawning patent portfolio races' among capital-intensive firms …
Persistent link: https://www.econbiz.de/10012471739
between highly similar patents, and patent applications are less likely to be abandoned post-AIPA, suggesting a reduction in … duplicative R&D. Firms exposed to one standard deviation longer patent grant delays increased their R&D investment by 4% after …
Persistent link: https://www.econbiz.de/10012938739
, off-patent and generic drug prices are at least four times higher in the United States than in comparable English …-speaking high income countries. With five or more competitors, off-patent drug prices are similar or lower. Our analysis shows that …
Persistent link: https://www.econbiz.de/10012629426
We develop a unique dataset of 24 thousand U.S. finance patents granted over last two decades to explore the evolution and production of financial innovation. We use machine learning to identify the financial patents and extensively audit the results to ensure their reasonableness. We find that...
Persistent link: https://www.econbiz.de/10012599270
U.S. invention has become increasingly concentrated around major tech centers since the 1970s, with implications for how much cities across the country share in concomitant local benefits. Is invention becoming a winner-takes-all race? We explore the rising spatial concentration of patents and...
Persistent link: https://www.econbiz.de/10012696365
We construct new technology indicators using textual analysis of patent documents and occupation task descriptions that …
Persistent link: https://www.econbiz.de/10012794580