We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...

Patent renewal studies reveal a highly rightward-skewed distribution of patent values. Our approach elicits valuations approximating those of the patented invention. This paper focuses on the full-term patents of the application year 1977 held by West German and U.S. residents. The tail of...

Auf die Valorisierung, also die gesellschaftliche Wertgebung einer neuen Technologie, haben Valorisierungsakteure einen wesentlichen Einfluss. Diese Akteure entwickeln spezifische Valorisierungspraktiken, die darauf gerichtet sind, der neuen Technologie einen gesellschaftlichen Wert zu...

We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...