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Patents, freedom to operate, and follow-on innovation : evidence from post-grant opposition

Gäßler, Fabian; Harhoff, Dietmar; Sorg, Stefan; … - 2024

. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large … patentee's product market. Here, transaction costs likely exceed the joint surplus of licensing, causing licensing failure. In …

Persistent link: https://www.econbiz.de/10014503038

To be financed or not ... : the role of patents for venture capital financing

Häussler, Carolin; Harhoff, Dietmar; Müller, Elisabeth - 2009

This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...

Persistent link: https://www.econbiz.de/10003861082

To be financed or not … : the role of patents for venture capital financing

Häussler, Carolin; Harhoff, Dietmar; Müller, Elisabeth - 2009

This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...

Persistent link: https://www.econbiz.de/10003848824

To Be Financed or Not… - The Role of Patents for Venture Capital-Financing

Häussler, Carolin - 2013

In the presence of asymmetric information, economic agents need to communicate their quality to investors and other parties. While much of the literature focuses exclusively on signaling, we develop a conceptual framework that extends this view with elements of the literature on certification....

Persistent link: https://www.econbiz.de/10013095986

Bargaining failure and freedom to operate : re-evaluating the effect of patents on cumulative innovation

Gaessler, Fabian; Harhoff, Dietmar; Sorg, Stefan - 2019

We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation that exploits personnel scarcity in post-grant...

Persistent link: https://www.econbiz.de/10012139072

Institutionalized incentives for ingenuity : patent value and the German Employees' Inventions Act

Harhoff, Dietmar; Hoisl, Karin - 2006

Germany is one of few countries in which the monetary compensation for inventors is not only determined by negotiations between employer and employee-inventor, but also by relatively precise legal provisions. In this paper, we describe the characteristics of the German Employees' Inventions Act...

Persistent link: https://www.econbiz.de/10010441538

Bargaining Failure and Freedom to Operate : Re-Evaluating the Effect of Patents on Cumulative Innovation

Gaessler, Fabian - 2019

Persistent link: https://www.econbiz.de/10012863982

Truly standard-essential patents? : a semantics-based analysis

Brachtendorf, Lorenz; Gäßler, Fabian; Harhoff, Dietmar - 2020

Standard-essential patents (SEPs) have become a key element of technical coordination in standard-setting organizations. Yet, in many cases, it remains unclear whether a declared SEP is truly standard-essential. To date, there is no automated procedure that allows for a scalable and objective...

Persistent link: https://www.econbiz.de/10012500157

The German Mittelstand: antithesis to the Silicon Valley entrepreneurship model?

Pahnke, André; Welter, Friederike - 2019

in Germany praises the Silicon Valley model of entrepreneurship, contrasting the Mittelstand as low-growth, low-tech and … is the antithesis to the Silicon Valley entrepreneurship model. We show that Mittelstand is more than a small and medium … the Mittelstand is an excellent example of everyday entrepreneurship and a vibrant segment of economy which is also …

Persistent link: https://www.econbiz.de/10011977405

Incidence and Growth of Patent Thickets - The Impact of Technological Opportunities and Complexity

von Graevenitz, Georg; Wagner, Stefan; Harhoff, Dietmar - 2011

We investigate incidence and evolution of patent thickets. Our empirical analysis is based on a theoretical model of patenting in complex and discrete technologies. The model captures how competition for patent portfolios and complementarity of patents affect patenting incentives. We show that...

Persistent link: https://www.econbiz.de/10010333846