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At least two: the reputation of their brand and a reputation for being tough on imitators of this brand. Sustaining a brand requires both investment in its reputation amongst consumers and the defence of the brand against followers that infringe upon it. I study the defence of trade marks...
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We analyse the determinants of opposition to biotechnology and pharmaceutical patents granted by the European Patent … Office between 1978–96. Opposition can be considered an early form of patent validity challenge suit. In our sample, 8.6% of … the patents are attacked in opposition proceedings. Using citation and patent family indicators we show that valuable …
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regarding the settlement of patent trials (thus implying that identical legal cases lead to differing outcomes). In other …
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This study provides a comprehensive analysis of credit rating economics and draws conclusions on the nature of regulation. It starts with an overview of the credit rating industry and introduces a framework that structures multiple rating agency functions. At the heart of the credit rating...
Persistent link: https://www.econbiz.de/10012729953
In this paper, we focus on two barriers to entry that may hinder the formation of new firms: capital requirements and regulatory business cost. The contribution of this paper is twofold: we compare the availability of different types of financing sources to address the issue of capital...
Persistent link: https://www.econbiz.de/10012736192
To be relevant to a firm a real option needs to fit into a theory of the firm explaining its existence, exercise … conditions and value. We make a step toward an option based-theory of the firm by describing the emergence of a firm's options …
Persistent link: https://www.econbiz.de/10012737905