Showing 1 - 10 of 47
This paper shows how a financial institution can profit from the development of financial products even if they are unpatentable.
Persistent link: https://www.econbiz.de/10005843480
The size of damages awarded in courts underlines the great impact thatindemnification regulations should have on innovation and imitation incentives.Surprisingly from an economic standpoint, however, various calculation methodsfor damages are acknowledged by the law and may be applied in...
Persistent link: https://www.econbiz.de/10005846494
Using the case of an important capital goods industry the paper examines the impact ofthe national patent system on the …
Persistent link: https://www.econbiz.de/10005854867
This paper studies the impact of cash constraints on equilibrium research intensities in a patent race between a … industry, where all innovations are patented and each patent award is in itself a race for the next innovation. Since the … identify the players’ status from the patent data: we call the patent assignee an entrant if none of the patents that are cited …
Persistent link: https://www.econbiz.de/10005858096
Patent pools in the framework of Lerner and Tirole (2004) may enhance or reduce social welfare. The purpose of this …
Persistent link: https://www.econbiz.de/10005858166
Over the last few years, worldwide mergers and acquisitions (M&A) have increasedsharply both in terms of value and volume. This development has not only beendriven by corporate acquirers but also to an increasing extent by private equityinvestors. In this paper, we analyze differences in...
Persistent link: https://www.econbiz.de/10005858816
Investment Banks invest in R&D to design innovative securities even when imitation is possible, i.e., when innovations cannot be patented. We show how a financial institution can profit from the development of financial products even if they are unpatentable. For certain types of financial...
Persistent link: https://www.econbiz.de/10005859084
This paper analyses whether strategic motives for patenting influence the characteristics ofcompanies’ patent … survey and patent data from German companies.We find clear evidence that the companies’ patenting strategies explain the … characteristicsof their patent portfolios... …
Persistent link: https://www.econbiz.de/10005859208
Patent trolls appropriate profits from innovation solely by enforcing patents against infringers.They are often … effectively terminate the troll business. Inthis paper, we shed light on this issue by empirically analyzing trolls’ patent …
Persistent link: https://www.econbiz.de/10005870614
Many patent applications lapse before they are reviewed by patent examiners. In thispaper we analyze how even a lapsed … patent application yields benefits to the applicant.We argue that these benefits are attributable to pendency and publication …
Persistent link: https://www.econbiz.de/10005870616