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landscapes have a higher probability of in-licensing. For firms with small patent portfolios we also find a positive association … appear to depend on the size of a firm’s patent portfolio. These results suggest that the effects of fragmentation of … upstream IP rights are not uniform, and instead vary according to the characteristics of the downstream firm. -- patent …
Persistent link: https://www.econbiz.de/10003922582
11 European countries now operate IP Box regimes that provide substantially reduced rates of corporate tax for income derived from important forms of intellectual property. We incorporate these policies into forward-looking measures of the cost of capital, effective marginal tax rates and...
Persistent link: https://www.econbiz.de/10010128713
innovative performance also depends on the size of a firm's patent portfolio, which suggests an important strategic role for …
Persistent link: https://www.econbiz.de/10003784653
In recent years, firms have increasingly contributed to and been confronted with a patent landscape characterized by … numerous but marginal inventions, overlapping claims and patent fences. Literature suggests that both the fragmentation of … ownership and the threat of a firm's patent applications being blocked by competitors' patents lead to increased patenting and …
Persistent link: https://www.econbiz.de/10003871201
model provides an argument that shorter product cycles can induce firms to file more patent applications. The firms may be … trapped in a prisoners' dilemma where all firms would jointly prefer to patent less and to not have a patent thicket. If firms … successful, this may create a patent thicket. The transition into a situation where firms start patenting many ideas instead of …
Persistent link: https://www.econbiz.de/10003784604
Persistent link: https://www.econbiz.de/10002372488
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 …
Persistent link: https://www.econbiz.de/10010204045
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. …
Persistent link: https://www.econbiz.de/10009771844
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 …
Persistent link: https://www.econbiz.de/10009777601
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 …
Persistent link: https://www.econbiz.de/10009721892