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Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an … invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions … and the certification effect of patents which signals the ventures’ “quality” to investors. If the decision about patent …
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been few attempts to assess this group of firms ́propensity to patent or its patenting activities. This paper intends to …
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Europe#s innovation potential is currently dominated by well-established large companies. In most member countries the … be the driving force behind radical innovation which will be a source of employment and growth in future. In addition … regard to the contribution of SMEs and young firms to innovation. The central question of the paper is whether SMEs and young …
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quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating ….S. Patent Office since 2001, we find that startups that win the patent “lottery” by drawing lenient examiners have, on average …, 55% higher employment growth and 80% higher sales growth five years later. Patent winners also pursue more, and higher …
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We analyze how frivolous patent-infringement claims made by non-practicing entities (NPEs, or "patent trolls") affect … driven by IT firms, a frequent target of NPEs. Increased access to financing, both venture capital and patent-backed lending …
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We show that the acquisition of a startup inventor's first patent has a negative effect on the subsequent productivity … of the patent's inventor, leading to 6.7 fewer patents being granted to the inventor over five years. This effect is not … patent examiners ask them to cite, and examiners are more likely to cite patents that they have reviewed in the past. When …
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