In corporate restructuring under Chapter 11, an asset valuation is a central task for both legal and financial reasons. In the area of intangible assets, however, generally accepted accounting principles (GAAP) do not reflect internally-generated assets such as brands, trademarks, and other...

This paper examines the consequences of the differences in the timing of information disclosure between the U.S. and Japanese patent systems. Under the Japanese system it is possible for a firm to apply for a patent knowing the exact specifications of a rival's patent application. In contrast,...

Die Beziehung zwischen dem Wettbewerbsrecht und dem Recht geistigen Eigentums gilt seit jeher als problematisch. Für viele ist sie inhärent konfliktär. Während das Wettbewerbsrecht darauf gerichtet sei, Marktmacht zu zerstören, bestehe der Zweck des Rechts geistigen Eigentums wie z. B. des...

This paper analyzes intellectual property regimes in the United States and Japan by means of patents granted from 1940 to 2005 and 1965 to 2005, respectively. Making use of the database released by the World Intellectual Property Organization (WIPO), we search for presence of a one-time change...

This paper analyzes innovative activity in North America and European Union (EU) countries by means of the number of patents granted from 1965 to 2005. Making use of the database released by the World Intellectual Property Organization (WIPO), we search for presence of a structural change patent...

This paper develops a methodology to compare the quality of examination services across patent offices. Quality is defined as the extent to which patent offices comply with their patentability conditions in a transparent way. The methodology consists of a two-layer analytical framework...

Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the importance of connections between various stakeholders....

Financing constraints have been discussed as a major obstacle to innovation. Small and medium-sized enterprises and start-ups are particularly concerned by such impediments. Venture capital has emerged as a partial solution in some countries, but is only available for start-up firms with major...

We examine the effect of collective rights organizations (CROs) on upstream innovation. CROs are established to facilitate downstream use, such as production and downstream innovation, of upstream intellectual property. We compare CROs with two alternative royalty redistribution rules, two...

Technology appropriation in knowledge economy: innovation and intellectual property in Latin American software industry Intellectual property rights aim at providing incentives for innovation, but can also constitute a burden for technological diffusion. This article discusses the conflicts...