Showing 1 - 10 of 186
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/10012290351
We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … patents on low-value original innovations, invalidation predominantly increases low-value followon innovation outside the … contrast, for patents on high-value original innovations, invalidation mainly increases high-value follow-on innovation in the …
Persistent link: https://www.econbiz.de/10014517482
Standard-essential patents (SEPs) have become a key element of technical coordination in standard-setting organizations … approximating the standard essentiality of patents. We provide details on the procedure that generates the measure of standard …
Persistent link: https://www.econbiz.de/10012504512
Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related … patents. We propose a decision-making model in which patent holders allocate resources to either expanding the number of … related patents or investing in higher value of patents in the portfolio. We estimate the derived value equation using …
Persistent link: https://www.econbiz.de/10012956613
Standard-essential patents (SEPs) have become a key element of technical coordination in standard-setting organizations … approximating the standard essentiality of patents. We provide details on the procedure that generates the measure of standard …
Persistent link: https://www.econbiz.de/10012500157
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
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/10012863982
We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … patents on low-value original innovations, invalidation predominantly increases low-value followon innovation outside the … contrast, for patents on high-value original innovations, invalidation mainly increases high-value follow-on innovation in the …
Persistent link: https://www.econbiz.de/10014503038
Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related … number of related patents or investing in higher value of patents in the portfolio. We estimate the derived value equation … of inventions in a portfolio may reflect both genuine creation of value or stronger appropriability via patents. …
Persistent link: https://www.econbiz.de/10011083853
holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U ….S. residents. The most valuable patents in our data account for a large fraction of the cumulative value over all observations …
Persistent link: https://www.econbiz.de/10011440960