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Using a large U.S. sample, we find a significant and positive relation between patents and corporate tax planning, and … industry-level innovation shocks to identify the positive causal effect of patents on corporate tax planning. We also find that … patents are not associated with tax planning for domestic firms, but their association with tax planning is concentrated in …
Persistent link: https://www.econbiz.de/10012853069
REVISED 9/2019: We show evidence of localized knowledge spillovers using a new database of multiple invention from U.S. patent interferences terminated between 1998 and 2014. Patent interferences resulted when two or more independent parties simultaneously submitted identical claims of invention...
Persistent link: https://www.econbiz.de/10012853213
In this study, we empirically assess the contributions of inventors and firms for innovation using a 37-year panel of U.S. patenting activity. We estimate that inventors' human capital is 5-10 times more important than firm capabilities for explaining the variance in inventor output. We then...
Persistent link: https://www.econbiz.de/10012853290
When rivals settle a patent dispute, they prefer to preserve the full monopoly profit, even if the patent is very likely invalid. The literature advocates comparing settlement outcomes to the expected result of litigation, but has not identified a comprehensive means of doing this. We show that...
Persistent link: https://www.econbiz.de/10012853851
licenses over Standard-Essential Patents (SEPs). Under SSPPU, royalties should reflect the value added to the smallest salable …
Persistent link: https://www.econbiz.de/10012854393
patents granted by "lenient" examiners. These examiners issue patents that are more likely to be litigated by both PAEs and …
Persistent link: https://www.econbiz.de/10012855159
Recent models of multi-stage R&D have shown that a system of weak intellectual property rights may lead to faster innovation by inducing firms to share intermediate technological knowledge. In this article I introduce a distinction between plain and sophisticated technological knowledge, which...
Persistent link: https://www.econbiz.de/10012857463
This Article summarizes more detailed work done elsewhere and argues that after more than a decade of disjointed application and discussion regarding eBay's precedent, it is time to add clarity to remedies for patent cases. Part I chronicles the history of the eBay case and the party and...
Persistent link: https://www.econbiz.de/10012858782
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …
Persistent link: https://www.econbiz.de/10012861314
Persistent link: https://www.econbiz.de/10013022877