This paper considers the prospect of a government patent buyout in a model of endogenous growth. To this end, the … shows that in this set-up, patent buyout by the government can lead to higher level of welfare without lowering an economy …

This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social plannerś benchmark, which suggests a role for patent policy. We focus on a "non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

supplemental information on IP litigation and patent portfolios. The rich survey information regarding firms’ general innovation …We contribute to the economic literature on patent litigation by taking a new perspective. In the past, scholars mostly … focused on specific litigation cases at the patent level and related technological characteristics to the event of litigation …

intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …' successful patent applications. The last chapter describes sector-level input-output relationships in eleven European economies …

inverse U-shaped relationship between patent strength and growth: moderate levels of patent protection can stimulate growth …

ownership fragmentation on investments related to innovation for firms with small patent portfolios. Hold-up threats are … between downstream firms and upstream patentees negatively affect investments in innovation for firms with large patent … residual physical investments. The effects of patent thickets on innovation are thus not uniform. They depend on the …

industries, and patents can distort resources away from industries where they are most productive. -- innovation ; patent policy …This paper examines patent protection in an endogenous-growth model. Our aim is twofold. First, we show how the patent … policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role …

This article compares the relationship between patent quality and patent value in discrete and cumulative innovation … link between patent quality and value in discrete innovation, this link is much weaker in cumulative innovation …. Using factor analysis and a set of various commonly used patent quality indicators including claims, citations and family …