Recent work suggests that Patent Assertion Entities (PAEs) — or “patent trolls” — are a new form of financial … intermediary. According to this view, individual patent holders are unable to contract with large manufacturers because they lack … the financial resources necessary to litigate against infringement. Since individual patent holders are heterogeneous in …

-competitive patent settlements and hold-ups in relation to standard setting processes, in addition to the modern focus on mergers that …

The Constitution gives Congress the power to "promote the Progress of Science and useful Arts." The patent system … v. MercExchange, this Note advocates a patent system that will allow access to stagnant patents sooner. The proposed … system starts with an initial exclusive patent period that is much shorter, and then includes renewable periods of …

of the receiving country. We test the empirical implications of our model using patent data in renewable and fossil … Moment estimator. We show that knowledge transfer through patent duplication increases with the level of IPR protection, but … more sensitive to uncertainty. Commitment to EPs also increases the incentives for patent duplication. The magnitude of the …

.S. "exhausts" all rights of the patentee to that item under the Patent Act. This decision goes against the Government's position … that a foreign sale authorized by the U.S. patentee should exhaust U.S. patent rights by default unless the patentee … subjects the firms that source in the South and sell in the North to the risk of a patent infringement lawsuit but allows the …

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 …

Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political …

We study the effect of the fragmentation of intellectual property rights on optimal patent design. The major finding is …, which is socially costly. However, to preserve the incentives to innovate, if a patent is granted the strength of protection … should be generally higher than in the stand-alone case. -- Intellectual Property Rights ; Fragmentation ; Patent …

We study the effect of the fragmentation of intellectual property rights on optimal patent design. The major finding is …, which is socially costly. However, to preserve the incentives to innovate,if a patent is granted the strength of protection …

Non-practicing entities (NPEs), a.k.a. patent "trolls", have been disparaged as wasteful rent-seekers who assert … litigate broader patents in complex technologies consistent with the hold-up theory of NPE patent litigation. However …