attract VC financing. While much of the literature on information asymmetries focuses on patent applications, we argue that … the entire examination process should be considered, including information that emerges in the course of patent … find that the filing of patent applications is positively related to VC financing. Moreover, the examination process at the …

This paper investigates how patent applications and grants held by new ventures improve their ability to attract … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … analysis, we find that in the presence of patent applications, VC financing occurs earlier. Our results also show that VCs pay …

This paper investigates how patent applications and grants held by new ventures improve their ability to attract … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … analysis, we find that in the presence of patent applications, VC financing occurs earlier. Our results also show that VCs pay …

provide external finance to innovative firms based on the firms’ patent portfolios. Patents have been used as collateral or as … assets assembled in patent funds seeking to commercialize the patent rights. Patent auctions are indicative of a nascent … and the design of patent systems. …

This paper investigates how patent applications and grants held by new ventures improve their ability to attract … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … analysis, we find that in the presence of patent applications, VC financing occurs earlier. Our results also show that VCs pay …

This paper investigates how patent applications and grants held by new ventures improve their ability to attract … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … analysis, we find that in the presence of patent applications, VC financing occurs earlier. Our results also show that VCs pay …

.S. startups applying for patent protection in the 24 months following their first round of venture capital funding. I observe both … successful and unsuccessful patent applications and use a measure of patent examiner leniency as an instrument for getting …