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this analysis, we use patent citations as a proxy for the innovation effort by the acquirer. Our main result is to show … that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a … significant impact of the acquisition on the acquirer’s innovation effort. This decline is relatively larger when the acquired …
Persistent link: https://www.econbiz.de/10014505345
This WTO working paper studies availability and affordability of new and innovative pharmaceuticals in a post-TRIPS era. The WTO's TRIPS Agreement (TRIPS) makes it obligatory for WTO members − except least-developed country members (LDCs) - to provide pharmaceutical product patents with a...
Persistent link: https://www.econbiz.de/10011992779
This paper examines access to new and innovative pharmaceuticals in a post-TRIPS era. The WTO’s TRIPS Agreement (TRIPS) makes it obligatory for WTO members – except least-developed country members (LDCs) - to provide pharmaceutical product patents with a 20-year protection term. Developing...
Persistent link: https://www.econbiz.de/10014105991
How does the development of formal standards for information and communication technologies shape the behavior of firms that may need the technologies to develop new products and services? We argue that standardization lowers the search costs of identifying important intellectual property rights...
Persistent link: https://www.econbiz.de/10013002353
How does the development of formal standards for information and communication technologies shape the behavior of firms that may need the technologies to develop new products and services? We argue that standardization lowers the search costs of identifying important intellectual property rights...
Persistent link: https://www.econbiz.de/10013032235
cumulative innovation. This paper studies the effects of strategic patenting on Ramp;D, patenting and market value in the … find evidence that both strategic patenting and Ramp;D spillovers strongly affect innovation and market value of software …
Persistent link: https://www.econbiz.de/10012750166
This work provides a deeper account of an increasing phenomenon characterising the European Union in recent years, i.e. software patenting. To this purpose we present a novel database of software patents providing a reliability check. According to that, more than 30 000 software patents have...
Persistent link: https://www.econbiz.de/10009643411
The issue of patentable subject matter eligibility is in considerable flux. In 2012, the Supreme Court set forth a confusing new framework for determining patent eligibility. The decision in Mayo v. Prometheus cast serious doubt on the continued viability of many software patents. Indeed, a...
Persistent link: https://www.econbiz.de/10014163867
innovation are both possible. For private firms, we model a variety of possible business models from completely closed to fully … open, and find that opening a platform can increase profits based on network effects exclusively, innovation exclusively …, or both. A firm's ability to control downstream innovation gives it reaon to rationally behave more like a social planner …
Persistent link: https://www.econbiz.de/10014028541
This paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-specific factors. Our findings confirm the existence of global and...
Persistent link: https://www.econbiz.de/10014279279