innovation strategy reflects the patent race motives and hedging demand of defendant firms against future litigation. These real …Using novel inter-firm patent litigation data, we show that defendant firms become financially constrained, reduce … innovation activity, and shift toward exploitative innovation leveraging past experience and expertise. The exploitative …

This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …

national incentives for patent protection? What is the rationale for international coordination over patent policies? Given …

set of opportunities for innovation in agricultural biotechnologies. Moreover, the institutional, regulatory and …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family … commercialized as well as whether this commercialization was profitable or not. Thus, this patent database measures technological …