century. In addition to the funding agency, the data report whether the government has title to the patent ("title" patents …) or funded a patent assigned to a private organization ("license" patents). The data include a large number of "license …" patents that cannot be linked to government funding from patent text or other sources. Combining the historical data with …

,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises …

are key players (patent hunters) who consistently identify and develop them. Although initially overlooked, these late … new product launches. Patent hunters, as early detectors and adopters of these late-blooming patents, are also associated … instrument for patent hunting, and find strong evidence that these benefits are causally due to patent hunting. The rents …

The continuations procedure within the U.S. patent system has been criticized for enabling firms to manipulate the … patent review process for strategic purposes. Changes during the 1990s in patent procedures affected the incentives of … by R&D-intensive, small firms that patent heavily, and are more common in chemical and biological technologies. Patents …

For over a century, courts and commentators have struggled to find principles that reconcile patent and antitrust law …, especially as to patent licensing. We interpret case law and commentary to arrive at three unifying principles for acceptable … terms of license. Profit neutrality' holds that patent rewards should not depend on the rightholder's ability to work the …

We examine whether the introduction of a patent commons, a special type of royalty free patent pool available to the … in the market and the extent to which patent ownership in the market is concentrated …

after the end of the process and fully exploit their bargaining leverage, then patent holders aspire to disclose always … after the end of the process. However, if a patent holder cannot rely on the other participants to always contribute to the … cross-licensing agreements that eliminate the strategic aspect of patent disclosure, and show that, in an institutional …