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The debate on whether COVID-19 vaccine patents are slowing down the pace of vaccination and the recovery from the crisis has brought the optimal design of pharmaceutical patent policy to the fore. In this paper we evaluate patent policy in the US pharmaceutical industry. We estimate the effect...
Persistent link: https://www.econbiz.de/10012802183
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10011557905
We document the occurrence of process claims in granted U.S. patents over the last century. Using novel data on the type of independent patent claims, we show an increase in the annual share of process claims of about 25 percentage points (from below 10% in 1920). This rise in process intensity...
Persistent link: https://www.econbiz.de/10013175193
innovation. We evaluate this argument in a dynamic stochastic model of a patent race. The result generally supports the …
Persistent link: https://www.econbiz.de/10010332206
We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation is entering into a new foreign region for innovative...
Persistent link: https://www.econbiz.de/10011561206
There is a growing literature that aims at assessing the private value of knowledge assets and patents. It has been shown that patents and their quality as measured by citations received by future patents contribute significantly to the market value of firms beyond their R&D stocks. This paper...
Persistent link: https://www.econbiz.de/10008937317
inputs to and outputs of government intramural technological innovation. We measure innovative effort and results by … other disciplines. We discuss the implications of our findings for both public- and private-sector innovation efforts and …
Persistent link: https://www.econbiz.de/10012834911
between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …
Persistent link: https://www.econbiz.de/10012902478
Mergers lead to larger firms and a less competitive market structure, but their effects on innovation are not clear …. Mergers may improve innovation incentives by promoting economies of scope and scale, R\&D activities, and increasing the … ability to deal with uncertainties. However, mergers may also discourage innovation by reducing competition, increasing costs …
Persistent link: https://www.econbiz.de/10012935892
The impact of innovation on mergers has been a subject of debate in merger enforcements. Firms may decide to merge … because of increasing market share and expanding capacity. However, mergers may also be motivated by innovation since they … provide resources for commercialization of innovation and allow for capturing knowledge spillovers. There are myriad studies …
Persistent link: https://www.econbiz.de/10012935893