We study how fragmentation of patent rights ('patent thickets') and the formation of the Court of Appeal for the … Federal Circuit (CAFC) affected the duration of patent disputes, and thus the speed of technology diffusion through licensing …. We develop a model of patent litigation which predicts faster settlement agreements when patent rights are fragmented and …

We study the causal impact of patent invalidation on subsequent innovation and exit by the patent holder. The analysis … is based on patent litigation at the U.S. Court of Appeals for the Federal Circuit, and exploits the random allocation of … judges to control for endogeneity of the judicial decision. Invalidation causes the patent holder to reduce subsequent …

We study the causal impact of patent invalidation on subsequent innovation and exit by the patent holder. The analysis … is based on patent litigation at the U.S. Court of Appeals for the Federal Circuit, and exploits the random allocation of … judges to control for endogeneity of the judicial decision. Invalidation causes the patent holder to reduce subsequent …

avoid patent litigation. In this paper I study the previously neglected dynamic trade-off between litigating and cross … patent litigation reform …

Cumulative innovation is central to economic growth. Do patent rights facilitate or impede such follow-on innovation …. Patent rights appear to block follow-on innovation only in the technology fields of computers, electronics and medical …? This paper studies the causal effect of removing patent protection through court invalidation on subsequent research …