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patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the … chance of being granted patents but also, and more interestingly, “true innovators” are forced to patent more intensively … distortions caused by bad patents. Moreover, we show that introducing a two-tiered patent system is unlikely to improve market …
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Patents and crowdfunding both attempt to foster early stage innova-tions. In theory, patents signal quality and value … interac-tion between these two innovation tools by determining the impact of a crowdfunding campaign’s patent status on the … campaign’s success and de-livery. The first study examines 9,184 Kickstarter campaigns in patent-eli-gible categories to …
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O'donoghue and Zweimüller (2004, J. of Econ. Growth), a seminal work, showed that broadening leading breadth in patent … intervention in patent licensing negotiation using two different profit division rules derived from a cooperative game. We find … that intervention in patent licensing negotiation increases the growth rate and stabilizes the economy. …
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the patent office. Traditional reforms have focused almost exclusively on making the patent office more effective at … examination. This Article instead looks at patent quality from an applicant’s perspective, and evaluates how certain patent rules … be valid. The result is a distinctive set of tools that could be used to improve patent quality without additional …
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Novelty value is one of the legal requirements for a patentable innovation but it has been given relatively little attention in the literature. It is often abstracted away by assuming that any innovation is patentable. We study the optimal novelty requirement in a model where ideas are scarce,...
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