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innovation activity, and shift toward exploitative innovation leveraging past experience and expertise. The exploitative … innovation strategy reflects the patent race motives and hedging demand of defendant firms against future litigation. These real …
Persistent link: https://www.econbiz.de/10012896957
While more innovation is the main theoretical benefit of patent protection, some have argued an increasingly swamped U ….S. Patent Office has granted many patents with negligible innovation value. I test this argument and determine the … characteristics of patents that lack innovation value by analyzing 980 litigated patents that were subject to anticipation or …
Persistent link: https://www.econbiz.de/10014171351
This paper reports the findings of an empirical study of patent suits involving non-practicing entities (NPEs) in the U.K. between 2000 and 2010. Overall, we find that NPEs are responsible for 11% of all patent suits filed in the U.K. during this period. Though this is a small percentage by U.S....
Persistent link: https://www.econbiz.de/10014153359
New types of social networks have recently emerged that have facilitated the growth of a different kind of user-generated content: curation. The user finds various content from the Internet and then organizes or “curates” the content in a social network platform in a way that better serves...
Persistent link: https://www.econbiz.de/10014160942
from modern economic principles. The article starts by reviewing what innovation economists have learned since the 1970s …’s PHOSITA standard. The second principle holds that patent breadth should be chosen to balance the benefits of innovation …
Persistent link: https://www.econbiz.de/10014163167
This Comment responds to the U.S. Patent and Trademark Office’s Request for Comments on Enhancing Patent Quality, published February 5, 2015. It proceeds in two parts. First, I share two general observations about the PTO’s current slate of New Quality Proposals: specifically, it fails to...
Persistent link: https://www.econbiz.de/10014129229
welfare by increasing rewards for innovation. Calibrating the model with U.S. drug market data, I find that, for all but the …
Persistent link: https://www.econbiz.de/10014131063
Patent trolls appropriate innovation rents by threatening to block other players’ R&D-related value creation. Legal …
Persistent link: https://www.econbiz.de/10014050726
The role of individual inventors, small firms and entrepreneurs in the patent courts has become controversial for two, somewhat contradictory reasons. First, there is the view that small parties may be at a serious disadvantage in the courts since they do not have the financial resources to...
Persistent link: https://www.econbiz.de/10014210760
This paper presents an empirical analysis of the determinants of patent litigation in Germany, based on information from suits filed during the period from 1993 to 1995 at two of the three most important district courts. A control group was formed by selecting a random sample from the population...
Persistent link: https://www.econbiz.de/10005098016