identifying assumptions. Second, it presents estimates of the effect of patent protection on the depreciation rate. Results … suggest that the depreciation rate is in the 2–7 per cent range. Inventions for which a patent is granted are associated with …

in patent grants is at least partly a result of the apparent decline in examination standards. There has been little … rigor of the examination process, amongst other things and patent grants depend on the number and quality of applications … addition countries whose patent applications are more likely to be successful in the U.S. are more likely to be successful in …

A low-quality patent system threatens to slow the pace of technological progress. Concerns about low patent quality are … supported by estimates from litigation studies suggesting that the majority of patents granted by the U.S. patent office should … not have been issued. This paper proposes a new Bayesian method for measuring patent quality, based on twin patent …

Encouraging inventors to disclose new inventions is an important economic justification for the patent system, yet the … technical information contained in patent applications is often inadequate and unclear. This paper proposes a novel approach to … measure disclosure in patent applications using algorithms from computation allinguistics. Borrowing methods from the …

This symposium article discusses issues raised for patent processes and policy created by inventions generated by … allowing patent protection for AI-generated inventions. Next, the Article examines how the emergence of AI inventions will … alter the patentability standards and whether a differentiated patent system that treats AI-generated inventions differently …

presents estimates of the effect of patent protection on the depreciation rate. Results suggest that the yearly depreciation … averaging 8–9 per cent. Patent protection slows down the erosion of profits by about 1–2 percentage points …