between the propensity to jointly own a patent and proximity in the product market; b) joint patents are associated with less …

Despite the pervasiveness of patent licensing in many industries, there is a dearth of publicly available information …–is purposefully kept secret. We assess to what extent “market prices” on patent licenses are observable by assembling all publicly … agreements. Our results point to a lack of transparency in the market for patent licensing that might adversely affect market …

technologies. How will patent protection affect this process? In this paper we first review the evidence on the role of patents for … innovation and international technology transfer in general. The literature suggests that patent protection in a host country … externalities, implies that patent protection may not be the optimal instrument for encouraging innovation in this area, especially …