In the presence of asymmetric information, economic agents need to communicate their quality to investors and other parties. This paper investigates how information generated during the patenting process affects the ability of new ventures to attract VC financing. While much of the literature on...

This paper analyses whether strategic motives for patenting influence the characteristics of companies' patent portfolios. We use the number of citations and oppositions to represent these characteristics. The analysis is based on survey data from German companies, which are combined with EPO...

Transaction costs and contracting problems associated with proliferation of patents may have a negative impact on innovation. We present novel data on how frequently innovative German firms encountered problems with access to intellectual property (IP) for their innovation activities. While a...