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Accounts of the ‘copyright industries' suggest that strong intellectual property rights help creative firms. However, mounting evidence from sectors such as video game production and 3D printing indicate that business models based on open IP can also be profitable. This study investigates the...
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In this study, we build a novel comprehensive dataset of 123,545 product trademark registrations by S&P 1500 firms to capture firm-level product development. We provide evidence that new product development contains valuable information about future firm fundamentals and predicts increases in...
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Trademark filings have increased markedly over time. Although prior research has investigated the outcomes of trademark registration, including its effects on firm market valuation and productivity, little is known about why firms file trademarks. However, to interpret the increase in trademark...
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