scholars are critical of 363 sales because the process weakens creditors' voting rights, takes place quickly, and has limited … information disclosure compared with sales that take place in conjunction with a bankruptcy plan, i.e., “plan sales.” These … factors potentially result in less active bidding and increased fire sales. Supporters of 363 sales contend that financial …

Patent sales are an underappreciated means of monetizing patents. Recent blockbuster patent sales indicate heightened … demand for patent acquisitions. There is evidence that such patent sales transfer patents to parties more skilled in patent … enforcement, reducing litigation. Patent sales also move capital to innovators, which enhance incentives to innovate. But …

The “monopoly” authorized by the Patent Act refers to the exclusionary power of individual patents. That is not the … same thing as the acquisition of individual patent rights into portfolios that dominate a market, something that the Patent … Act never justifies and that the antitrust laws rightfully prohibit.Most patent assignments are procompetitive and serve …

more technological expertise and investment opportunities acquire more patents. Patent sales are the dominant type of … attention. This paper fills that gap by asking how patent acquisitions interact with firm investment policy. I find that patent … contract and maximize investment incentives; patent licenses frequently contain royalties, which induce under …

The literature on patent buyouts has focused on single-economy settings, where buyouts are welfare improving relative … system of global patent protection paired with domestic price subsidies, and only intersovereign transfers can achieve a …