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,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises …
Persistent link: https://www.econbiz.de/10013362008
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
A major policy issue in standard setting is that patents that are ex-ante not that important may, by being included into the standard, become standard-essential patents (SEPs). In an attempt to curb the monopoly power that they create, most standard-setting organizations require the owners of...
Persistent link: https://www.econbiz.de/10012458998
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 …
Persistent link: https://www.econbiz.de/10012460660
and find that small-firm litigation rates increase following a patent's disclosure to an SSO while those of large firms …
Persistent link: https://www.econbiz.de/10012465007
We examine the role of spillover learning in shaping the value of exploratory versus incremental R&D. Using data from drug development, we show that novel drug candidates generate more knowledge spillovers than incremental ones. Despite being less likely to reach regulatory approval, they are...
Persistent link: https://www.econbiz.de/10014287391
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
We study the post-World War II "Golden Age" of American corporate research from 1945 to 1980, using multiple indicators of corporate research activity. We use an ensemble learning approach to classify firms as either Science Leaders, Absorbers or Followers. Our analysis reveals that only a small...
Persistent link: https://www.econbiz.de/10015398165
' existing patent portfolios' potential exposure to the Alice decision. While all affected firms decrease patenting post …-Alice, we find an unequal impact of decreased patent protection. Large affected firms benefit as their sales and market …
Persistent link: https://www.econbiz.de/10013462719
between inventors and developers when it comes to licensing IP before a patent is granted. Developers need more information …
Persistent link: https://www.econbiz.de/10014226110