Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an … invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions … and the certification effect of patents which signals the ventures’ “quality” to investors. If the decision about patent …

of critical knowledge. Given that a patent specification has to include a clear description of the patented matter so … to patent law. This paper provides a model identifying the incentives for firms to deliberately obscure their inventive … knowledge in a patent specification. …

effect of temporarily mitigating competition, and the negative effect of mandatory disclosure of a patent application … patent are negatively related as opposed to common intuition, (ii) in industries with imperfect appropriability in case of … secrecy the extent of the technological lead is positively associated with the propensity to patent, and that (iii) the …

I analyse how patent litigation outcome in Germany affects the performance of the disputing firms by interpreting … the functioning of the bifurcated German patent litigation system: The separation of litigation and invalidity decisions …, resulting in invalidity decisions taking much longer than decisions on infringement, provides patent holders with a window of …

We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent … litigation system where infringement and validity of a patent are decided independently by different courts. We show that … bifurcation creates situations in which a patent is held infringed that is subsequently invalidated. Our conservative estimates …

We compare patent litigation cases across four European jurisdictions – Germany, France, the Netherlands, and the UK … information at the case, litigant, and patent level for patent cases filed at the major courts in the four jurisdictions. We find …

. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the …