test case is the patent examination process, with numerous commentators arguing that scientific peer review can solve … informational deficits in patent determinations. We present results from a novel randomized field experiment, carried out over the … course of three years, in which 336 prominent scientific experts agreed to provide input on U.S. patent applications. Their …

Recent work suggests that Patent Assertion Entities (PAEs) — or “patent trolls” — are a new form of financial … intermediary. According to this view, individual patent holders are unable to contract with large manufacturers because they lack … the financial resources necessary to litigate against infringement. Since individual patent holders are heterogeneous in …

Although it may surprise scientists, one can receive a patent in many jurisdictions without implementing an invention …