An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …

determine idea inputs in invention based on the text of nearly every US patent granted during 1836-2010. We find that inventions … evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for … invention, their adoption as research inputs in the invention process promotes technological progress. The gains from pursuing …

A frequently made claim in the innovation literature is that important inventions involve the transfer of new knowledge … knowledge acquired from outside each patent’s technological domain. Our results do not seem to support the claim above …

traditional property theory is determinative in patent law. Early American courts secured to patentees the same conveyance rights … creation of lesser estates or restrictive covenants for real property. In sum, early American courts incorporated into patent … concepts of "assignments" and "licenses." Given widespread confusion today concerning patent conveyance doctrines, this chapter …

the quality of inventions, prior to licensing the invention. The paper also introduces a new quality measure for the … inventions which is based on the number of secrecy agreements previously executed on the invention. I use two theoretical …

, patents as intangible real assets promote the financing of invention and innovation. The market foundation role of patents …, disclosure, certification, standardization, and divisibility. Second, patents provide efficient incentives for invention …, innovation, and investment in complementary assets so that the market for inventions is a market for innovative control. Third …

Patent law - and innovation policy more generally - has traditionally been conceptualized as antithetical to secrecy …. Not only does the patent system require inventors to publicly disclose their inventions in order to receive a patent, but … various patent doctrines are designed to encourage inventors to forego trade secrecy. This Article offers a critique of the …

When, if ever, should antitrust condemn an act of invention? If the law seeks to foster innovation, as surely it does … rightly informs the law’s skeptical reception of claims of predatory innovation. Nevertheless, theory instructs that dominant … companies may, in certain circumstances, engage in strategic product design founded on illusory acts of invention intended to …

A major element in innovation theory is creative destruction. Creative destruction puts the man in the center of … creations, etc. Yet, one of the main elements of innovation theory is the human factor. In a similar manner, the government … innovation theory and calls for legal adjustments to allow, rather than restrain, its development …