This paper documents the increasing importance of software for successful innovation in manufacturing sectors well … firms in the software intensity of their innovative activity. Firms that exhibit a higher level of software intensity … generate more patents per R&D dollar, and their investment in R&D is more highly valued by equity markets. We present evidence …

explore the rising spatial concentration of patents and identify an underlying stability in their distribution. Software …. Tech centers also account for a growing share of non-software patents, but the reallocation, by contrast, is entirely from … patents have exploded to account for about half of patents today, and these patents are highly concentrated in tech centers …

patents account for a rising share of total patents in the USPTO and EPO. Moreover, some scholars of innovation and … intellectual property rights argue that software and business methods patents on average are of poor quality and that these patents …This paper provides novel empirical evidence on the private value of patents and R&D in European firms during the …

We investigate the value creation or destruction associated with the introduction of software patents in the United …) firms around the time of important court decisions that impacted software patents, and the second analyzes the relationship … between firms' stock market value, the sector in which they operate, and their holdings of software patents. We conclude that …

Patenting in software, cloud computing, and artificial intelligence has grown rapidly in recent years. Such patents are … patents per inventor has declined near-monotonically, except for large increases in inventor productivity in software and …

. Although changes in the legal environment in the US in the 1990s made it much easier to obtain patents on software and …We examine the effect of patenting on the survival prospects of 356 internet-related firms that IPO'd at the height of …, ultimately, on business methods, less than half of the firms in this sample obtained, or attempted to obtain, patents. For those …

We model early expectations about the value and technological importance ('quality') of a patented innovation as a … family size. The model is estimated for four technology areas using a sample of about 8000 U.S. patents applied for during …

relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …

fertility of an innovation in generating more innovations cannot be observed. The menu of patent scope can be implemented with …