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This paper formulates a dynamic stochastic model to examine the joint patent application and renewal behavior under an international patent protection regime. This framework makes it possible to utilize both the cross-sectional (multi- country filing) and the time-series (patent renewal)...
Persistent link: https://www.econbiz.de/10005656600
I examine the joint patent designation-renewal behavior of the EPO patent applicants during 1978 to 1996, using both … nonparametric technique and a parametric model. The European patents through the EPO are substantially more valuable than patents … of the EPO patent families. The value of patent rights increases with the economics size of the country and has a …
Persistent link: https://www.econbiz.de/10005035734
Firms and governments spend billions of dollars on R&D every year. To increase social welfare, the results of R&D must be commercialized so that consumers can benefit from improved products and lower prices. One measure of R&D output is patents; however, most patent databases contain no...
Persistent link: https://www.econbiz.de/10010504528
This paper utilizes the renewal records of the EPO (European Patent Office) patents and estimates the patent value … addition, the utilization of EPO-route patent renewal records in our study corrects the possible data inconsistancy problem in … Pakes (1986). However, the quality and the private value of the EPO patents in our sample are substantially higher …
Persistent link: https://www.econbiz.de/10005656598
We estimate the value of Chinese invention and utility model patents that were applied for during two periods, 1987-1989 and 1986-1998. We find that patents applied for by foreign entities invariably have higher value than do those applied for by domestic entities, and the gap is significant....
Persistent link: https://www.econbiz.de/10010712155
Firms and governments spend billions of dollars on R&D every year. To increase social welfare, the results of R&D must be commercialized so that consumers can benefit from improved products and lower prices. One measure of R&D output is patents; however, most patent databases contain no...
Persistent link: https://www.econbiz.de/10011249390
Firms and governments spend billions of dollars on R&D every year. To increase social welfare, the results of R&D must be commercialized so that consumers can benefit from improved products and lower prices. One measure of R&D output is patents; however, most patent databases contain no...
Persistent link: https://www.econbiz.de/10010502667
This paper develops a dynamic stochastic model to examine the joint patent application and renewal behavior under an international patent protection regime. This framework makes it possible to utilize both the cross-sectional (multi-country filing) and the time-series (patent renewal) dimensions...
Persistent link: https://www.econbiz.de/10005342234
Persistent link: https://www.econbiz.de/10005345680
We study the causal impact of invalidating marginally valid patents during post-grant opposition at the European Patent Office on affected inventors’ subsequent patenting. We exploit exogenous variation in invalidation by leveraging the participation of a patent’s original examiner in the...
Persistent link: https://www.econbiz.de/10012018290