typically do not preclude the winner also obtaining patent rights. This is in stark contrast with mainstream economics of … measured and contracted upon. We show that in this environment patent rights and cash rewards are complements, and that GIPs … are often preferable to patent races or prizes requiring technologies to be placed in the public domain. Moreover, our …

the expansion of the USPTO Patent Library system after 1975. Before the Internet, patent libraries gave inventors access … to patent documents. We find that after patent library opening, local patenting increases by 17% relative to control …