Showing 1 - 10 of 393
are those with lower quality patents. We empirically examine patent disclosures made to seven large SSOs, and find results …
Persistent link: https://www.econbiz.de/10012455912
This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...
Persistent link: https://www.econbiz.de/10012463006
Disclosure policies have the potential to help consumers and make markets more efficient. Yet, the effectiveness of disclosure policies can be undermined if firms strategically make unfavorable information unnecessarily complicated to understand. To explore the incentives for using complexity in...
Persistent link: https://www.econbiz.de/10012453045
Can managers influence the liquidity of their firms' shares? We use plausibly exogenous variation in the supply of public information to show that firms seek to actively shape their information environments by voluntarily disclosing more information than is mandated by market regulations and...
Persistent link: https://www.econbiz.de/10012459678
Beginning in November 2000, patent applications filed in the United States are disclosed after 18 months, rather than … when the patent is granted. Using U.S. patent data from 1976-1996, we find that major inventions are most likely to be … knowledge diffusion, and conclude with a simulation of the law's potential effect on patent grants …
Persistent link: https://www.econbiz.de/10012470346
essential to the functioning of the patent system, legal scholars have expressed considerable skepticism about its value in … practice. To adjudicate this issue, we examine the expansion of the USPTO Patent and Trademark Depository Library system … between 1975 to 1997. Whereas the exclusion rights associated with patents are national in scope, the opening of these patent …
Persistent link: https://www.econbiz.de/10012453060
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
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
It may be advantageous to provide a variety of kinds of patent protection to heterogenous innovations. Innovations … protection in order to be encouraged. We model the problem of designing an optimal patent menu (scope and length) when the … fertility of an innovation in generating more innovations cannot be observed. The menu of patent scope can be implemented with …
Persistent link: https://www.econbiz.de/10012471726