innovation. Yet, denying patents on research inputs can frustrate patent law’s broad goal to protect and promote advances in … optimal incentives for innovation. For chemical inventions, the courts deem them unpatentable if the chemical lacks a … science and technology. This Article addresses this problem by proposing a new form of intellectual property—a “research …

diffusion decreases both in technology imitation among innovators and in technology adoption by entrepreneurs. Patents are an … and the state of technology embodied in new capital goods. Within this framework, we investigate the obstacles to …

and the state of technology embodied in new capital goods. Within this framework, we investigate the obstacles to … diffusion decreases in both the technology imitation and adoption processes does it lead to high market concentration and … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …

Patents are legal delinquents. A growing body of empirical evidence demonstrates that patents repeatedly fail to … fulfill the responsibilities they have been assigned in fostering innovation. But I argue here that in their moments of … misbehavior, we can catch a glimpse of the social roles patents play when no one is watching. Drawing on insights from the …

We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …

A frequently made claim in the innovation literature is that important inventions involve the transfer of new knowledge … from one technological domain to another. This study uses U.S. patents granted from 1976-2006 to identify the role of … knowledge acquired from outside each patent’s technological domain. Our results do not seem to support the claim above …

becomes possible? History reveals that the Patent Office and the courts will continue to deny patents for a long time …, prevents the patent system from sitting at the cutting edge of technology, and frustrates the patent system’s overarching goal … innovation …

This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent … innovation and the optimal design of legal institutions in this environment of uncertainty are two of the most important policy … relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding …

art,” a term that generally refers to knowledge and technology already in the public domain. Interestingly, an earlier … policy questions about novelty and the meaning of prior art …

addresses from a patent perspective some representative concerns relating to patents that appear to be prevalent in the …