manufacturing in 2000, it turns out that patents are important to protect intellectual property in the market, whereas secrecy seems …

We explore the tail of patented invention value distributions by using value estimates obtained directly from patent … holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U ….S. residents. The most valuable patents in our data account for a large fraction of the cumulative value over all observations …

not account for heterogeneity of patenting activities ranging from university patents to corporate patents. While the … publishing distinguishing between different types of patents for a large sample of professors active in Germany. Our results show … that, while university patents as well as patents assigned to not-for-profit institutions complement publication quantity …

value of patents and their potential to block competitors in technology markets. Our empirical results for European firm … firms with valuable patents. However, patents with a potential to block technology competitors seem to be only of interest …

Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm … acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand …, patents can be attractive because of their strategic value as a bargaining chip, e.g. in licensing negotiations. This is …

venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent …

publications as a means to preempt patents works. With focus on the semiconductor technology our results show that scientific … corporate publications threaten the novelty of patent applications if combined with other pieces of prior art like patents …

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 …

This study investigates whether standard patent measures for the importance and basicness of patents are able to … distinguish between 'wacky' patents and a control group of randomly drawn patents. Our findings show that forward citations are … good predictors of importance. However, the 'wacky' patents have higher originality, generality and average citation lags …