earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar … inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their … medium-term premia accrue to inventors who initially hold the patent rights, although they forego earnings at the time of the …

Patents have long been regarded as the 'gold standard' of intellectual property protection. In 'Little patents and big … patenting costs, patentability standards, and the fact that patents provide protection in competitive situations where secrecy … mechanisms for medium inventions, and patent their most important innovations. This result reestablishes the traditional view …

British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent …This paper investigates how patent applications and grants held by new ventures improve their ability to attract …

entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property … them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in … increasing the rate of entrepreneurial innovation. …

This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis …-competitive patent settlements and hold-ups in relation to standard setting processes, in addition to the modern focus on mergers that … potentially lessen incentives for innovation and on abuse of dominance/single firm exclusionary practices in IP-intensive network …

This paper develops a methodology to compare the quality of examination services in different patent offices. Quality … is defined as the extent to which patent offices comply with their patentability conditions in a transparent way. The … of patent offices in Europe (EPO), Japan (JPO) and the US (USPTO) shows that their operational designs differ …