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We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10012826395
maintain an invention as a trade secret or seek a patent and disclose to the public the details of the invention. However, a … handful of scholars have recognized that because the patent disclosure requirements are not always rigorous, inventors may … sometimes be able to keep certain aspects of an invention secret, yet still receive a patent to the invention as a whole. Here …
Persistent link: https://www.econbiz.de/10012969706
A surprisingly small amount of empirical research has been focused on the process of obtaining a patent grant from the … United States Patent and Trademark Office (PTO). The purpose of this document is to describe the Patent Examination Dataset … (PatEX), make a large amount of information from the Public Patent Application Information Retrieval system (Public PAIR …
Persistent link: https://www.econbiz.de/10013002688
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011742388
A surprisingly small amount of empirical research has been focused on the process of obtaining a patent grant from the … United States Patent and Trademark Office (PTO). One major reason for this lack of research has been the paucity of readily … the Public Patent Application Information Retrieval system (Public PAIR) more readily available to researchers and other …
Persistent link: https://www.econbiz.de/10012981805
The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary … and either increases spillovers in development or decreases the degree of product differentiation, patent pools can … why patent pools are uncommon in science-based industries such as biotech and pharmaceuticals that are characterized by …
Persistent link: https://www.econbiz.de/10014178239
model provides an argument that shorter product cycles can induce firms to file more patent applications. The firms may be … trapped in a prisoners' dilemma where all firms would jointly prefer to patent less and to not have a patent thicket. If firms … successful, this may create a patent thicket. The transition into a situation where firms start patenting many ideas instead of …
Persistent link: https://www.econbiz.de/10014212185
A surprisingly small amount of empirical research has been focused on the process of obtaining a patent grant from the … United States Patent and Trademark Office (PTO). The purpose of this document is to describe the Patent Examination Dataset … (PatEX), make a large amount of information from the Public Patent Application Information Retrieval system (Public PAIR …
Persistent link: https://www.econbiz.de/10014129583
Previously, we introduced the concept of “data-generating patents,” which are patented inventions that by design produce valuable data through their operation or use. When holders of data-generating patents possess market power over the patented invention, they often indirectly enjoy market...
Persistent link: https://www.econbiz.de/10014123907
This new version of the Patent Examination Research Dataset (PatEx) is based on data that the Office of the Chief … Economist downloaded from Patent Examination Data System (PEDS) on April 26, 2020. We parsed the XML and organized the data into …
Persistent link: https://www.econbiz.de/10014094449