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 …

Low-quality patents are of considerable concern to businesses operating in patent-dense markets. There are two pathways … by which low-quality patents may be issued: the patent office may apply systematically a standard that is too lenient … (low inventive step threshold); or the patent office may grant patents that are, in fact, below its own threshold (so …

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 …

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 …

result by discriminating against foreigners in the patent system by refusing to grant foreigners a patent for their … inventions. International patent law treaties forbid this practice, which may lower the global innovation incentives and may hurt … international trade. Using data on half a million inventions submitted to the Chinese patent office, we find robust evidence of anti …

This paper proposes a substantive re-think of the modern patent system. The patent system has come under intensive … of administering them and the rigidity of the patent system. We explore how distributed ledger technologies enable these …

between the enforcement of a secrecy order and follow-on inventions, as captured with patent citations and text-based measures … inventions in the same technological field as the secreted patent …

Inventions of foreign origin are about ten percentage points less likely to be granted a U.S. patent than domestic … inventions. An empirical analysis of 1.5 million U.S. patent applications identifies three systematic differences between foreign … and domestic patent applications that partly explain this bias. They include differences in patent agents, financial …

Patent offices around the world face massive backlogs of applications, which threatens to slow down the pace of … technological progress. However, economists lack analytical tools to tackle the issue. This paper provides a model of patent … of patent pendency. They can accelerate or slow down the duration of pendency by adapting their filing strategy. We use …

The paper investigates whether patent fees are an effective mechanism to deter the filing of low-quality patent … applications. The study analyzes the effect on patent quality of the Patent Law Amendment Act of 1982, which resulted in a … substantial increase in patenting fees at the U.S. Patent and Trademark Office. Results from a series of difference …