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This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect … innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate …
Persistent link: https://www.econbiz.de/10012982318
Firms use a variety of practices to disclose the knowledge generated by their R&D activities, including, but not limited to, publishing findings in scientific journals, patenting new technologies, and contributing to developing standards. While the individual effects of engaging in the listed...
Persistent link: https://www.econbiz.de/10014081409
patenting, our results further suggest that knowledge creation alliances lead to patents that are filed to protect valuable …
Persistent link: https://www.econbiz.de/10013065765
both market-based (e.g. secrecy, lead time) as well as legal knowledge protection strategies (e.g. patents, trademarks) of …
Persistent link: https://www.econbiz.de/10013160407
China recently surpassed the USA as the greatest global source of patent applications. However, without internationally comparable measures of patent quality it remains questionable whether China's patent expansion constitutes the rise of a new technological superpower. Our novel quality index...
Persistent link: https://www.econbiz.de/10012987942
characteristics of their patent portfolios. First, companies using patents to protect their technological knowledge base receive a … higher number of citations for their patents. Second, the motive of offensive - but not of defensive - blocking is related to … a higher incidence of oppositions, whereas companies using patents as bartering chips in collaborations receive fewer …
Persistent link: https://www.econbiz.de/10014052157
Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and organizational constraints related to the M&A event contribute to inventive output...
Persistent link: https://www.econbiz.de/10014095755
There is a growing literature that aims at assessing the private value of knowledge assets and patents. It has been … shown that patents and their quality as measured by citations received by future patents contribute significantly to the … forward citations patents can receive at the European Patent Office. While a patent can be cited as non-infringing state of …
Persistent link: https://www.econbiz.de/10013038112
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an … and the certification effect of patents which signals the ventures' “quality” to investors. If the decision about patent … start-up companies are reluctant to launch new products if patents are pending. Further, pending patents attract risk …
Persistent link: https://www.econbiz.de/10012938219
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold-up threats. Backward references in firm's patent...
Persistent link: https://www.econbiz.de/10014172191