Cohen, Lauren; Gurun, Umit G.; Kominers, Scott Duke - 2014 - This version: August 7, 2014
infringement. Our empirical analysis shows that on average, NPEs behave as opportunistic patent trolls. NPEs sue cash-rich firms … themselves against litigation. We find that NPE litigation has a real negative impact on innovation at targeted firms: firms … markers of significant NPE pass-through to end innovators, nor of a positive impact of NPEs on innovation in the industries in …