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This paper empirically investigates a firm's propensity to patent. It thereby builds on a theoretical model on a firms' patenting decision in a market with vertically differentiated products. We deduce and empirically test several hypotheses from the theoretical results regarding patenting and...
Persistent link: https://www.econbiz.de/10010301784
In this paper, we offer a novel explanation to the surge in patenting bserved during the last years. With low patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only "false innovators" have the chance of being granted patents but also, and more...
Persistent link: https://www.econbiz.de/10010366175
In this paper, we offer a novel explanation to the surge in patenting bserved during the last years. With low patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the chance of being granted patents but also, and more...
Persistent link: https://www.econbiz.de/10013051385
This paper investigates the entry decision of a firm into a market that is protected by a patent. It shows how entrants use the possibility to study existing prior art before taking their entry decision. Studying prior art reduces the information asymmetry that arises due to the fact that patent...
Persistent link: https://www.econbiz.de/10013048172
Innovation occurs within ... …
Persistent link: https://www.econbiz.de/10013022877
A current refrain in patent policy discourse is that “overly-broad” patents of “dubious validity” retard innovation. We … scope and/or validity harm innovation. The Selden automobile patent is alleged to have been such a patent. We review the … and validity of Selden’s patent claims, there is no evidence that innovation was retarded. We show that Henry Ford and …
Persistent link: https://www.econbiz.de/10013219770
The Federal Trade Commission's 2003 innovation report revealed an interesting fact: the pharmaceutical industry is …
Persistent link: https://www.econbiz.de/10014058553
suggest using rewards as incentives for innovation instead. However, these studies have thus far had little effect on actual …
Persistent link: https://www.econbiz.de/10014347625
Using data from the US automobile market, we empirically examine the link between competition and innovation …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …
Persistent link: https://www.econbiz.de/10011342391
The debate on whether COVID-19 vaccine patents are slowing down the pace of vaccination and the recovery from the crisis has brought the optimal design of pharmaceutical patent policy to the fore. In this paper we evaluate patent policy in the US pharmaceutical industry. We estimate the effect...
Persistent link: https://www.econbiz.de/10012802183