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universities. The two reforms have adopted different models in the allocation of university patent ownership. The former completely … allocated the patent ownership to universities, while the latter allocated 70% of the patent ownership to the inventors. Based … on Chinese patent data and university statistical data, we empirically test the effects of these two university-patent …
Persistent link: https://www.econbiz.de/10014247942
The governance and transaction cost insights of Oliver Williamson (1975, 1985, 1996, 2010) and Ronald Coase (1937, 1992) have framed antitrust polices and firm management strategies. Transaction cost economics explain efficient governance adaptation. With a focus on private efficiency gains...
Persistent link: https://www.econbiz.de/10014576632
In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse to initiate the division of the marital assets. Using several causal research designs we show that both men and women are less likely to attain a bachelor's degree in states with...
Persistent link: https://www.econbiz.de/10014337779
Open access, competitive exploitation can be incredibly damaging to valuable resources and the human populations that depend upon them. Even though wealth, resource rents and stocks are at stake, open access often seems to be ineffectively addressed across time and space. Institutions vary....
Persistent link: https://www.econbiz.de/10014468221
We examine the desirability of granting "safe harbor" provisions to creditors of financial intermediaries in sale-and-repurchase (repo) contracts. Exemption from an automatic stay in bankruptcy enables financial intermediaries to raise greater liquidity and induces entry of intermediaries with...
Persistent link: https://www.econbiz.de/10014468227
As patent data become more available in machine-readable form, an increasing number of researchers have begun to use … the economic meaning of these citation-based patent measures using the financial market valuation of the firms that own … measures of Tobin's Q for the firms. We find that citation-weighted patent stocks are more highly correlated with market value …
Persistent link: https://www.econbiz.de/10012471009
observed patent citations. A cohort of 1993 patentees were asked specifically about 2 patents that they had cited, and a third … placebo' patent that was similar but which they did not cite. One of the two cited inventors was also surveyed. We find that … technological relationship between the inventions. We also find a significant correlation between the number of citations a patent …
Persistent link: https://www.econbiz.de/10012471136
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
of the developing world introduces patent protection for new drug products. This may lead to more research on drugs to … those already offering such protection the situation offers a unique opportunity to examine the incentive role of patent … provides a baseline' against which future research activity can be compared once the new global patent regime is fully …
Persistent link: https://www.econbiz.de/10012471281
bodies and private firms. One little-explored empirical testing ground is the patent system. This paper examines the … administrative practices of patent offices in sixty countries over a 150-year period. I show that the usage of patent renewal fees … economies, and those where international trade is more important-incorporate discretionary features into their patent systems …
Persistent link: https://www.econbiz.de/10012471299