Showing 1 - 10 of 1,038
Do stronger intellectual property rights incentivize female participation in innovation? We provide new evidence on this question using a unique database of artificial intelligence patents publicly shared by the USPTO. Our identification strategy leverages China's WTO TRIPs accession, which led...
Persistent link: https://www.econbiz.de/10014576575
This paper develops a general equilibrium model to examine the role of information technology when intermediaries facilitate the origination and distribution of assets given information asymmetry. Information technology measures the informativeness of asset-quality signals received by...
Persistent link: https://www.econbiz.de/10014468252
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 …
Persistent link: https://www.econbiz.de/10014486228
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
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
Does an expansion of patent scope induce more innovative effort by firms? This article provides evidence on this … question by examining firm responses to the Japanese patent reforms of 1988. Interviews with practitioners suggest the reforms … significantly expanded the scope of patent rights in Japan, but that the average response in terms of additional R&D effort and …
Persistent link: https://www.econbiz.de/10012471730
Patent counts are very imperfect measures of innovative output. This paper discusses how additional data-the number of … years a patent is renewed and the number of countries in which protection for the same invention is sought - can be used to … proposed which may remove half of the noise in patent counts as a measure of innovative output. The paper also illustrates how …
Persistent link: https://www.econbiz.de/10012473093
How do non-practicing entities ("Patent Trolls") impact innovation and technological progress? Although this question …", who exploit the patent system to extract rents and thereby hurt innovation. We employ unprecedented access to NPE …-derived patent and financial data, as well as a novel model that guides our data analysis. We find that NPEs acquire patents from …
Persistent link: https://www.econbiz.de/10012479664
This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the allocation of resources by encouraging rapid experimentation and efficient ex post transfer of knowledge across firms. Each firm receives a private signal on the success...
Persistent link: https://www.econbiz.de/10012464239
A patent only protects an innovator from others producing the same product, but it does not protect him from others … within-patent competition, which results from production of the same product, and betweenpatent competition, which results … effects of intellectual property regulations on within -patent competition by showing how protecting innovative returns from …
Persistent link: https://www.econbiz.de/10012469403