Sutthiphisal, Dhanoos; Lo, Shih-tse - National Bureau of Economic Research (NBER) - 2009
A switch to a first-to-file patent regime from its first-to-invent system has become imminent for the U.S. To learn about probable effects of such a policy change, we examine a similar switch that occurred in Canada in 1989. We find that the switch failed to stimulate Canadian R&D efforts. Nor...