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Proponents of the patent-holdup conjecture implicitly model competition among different technologies for inclusion in a … outside option for the inventors. On the basis of those improbable assumptions, proponents of the patent-holdup conjecture …
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This paper demonstrates that it can be optimal for innovators that also produce to license via a fixed fee rather than a royalty in a model of spatial price discrimination. This reversal of the typical result emerges when reduced willingness to pay by consumers limits the competitive location...
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The continuations procedure within the U.S. patent system has been criticized for enabling firms to manipulate the … patent review process for strategic purposes. Changes during the 1990s in patent procedures affected the incentives of … by R&D-intensive, small firms that patent heavily, and are more common in chemical and biological technologies. Patents …
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