innovation strategy reflects the patent race motives and hedging demand of defendant firms against future litigation. These real …Using novel inter-firm patent litigation data, we show that defendant firms become financially constrained, reduce … innovation activity, and shift toward exploitative innovation leveraging past experience and expertise. The exploitative …

This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … case, the licensing fees reflect the strength of patents. Patent pools of complementary patents can be used to discourage …

patent litigations are often inaccessible. This article takes a closer look at this phenomenon by examining a single case … on both agribusiness and patent law. The $1 billion award against DuPont will undoubtedly shape the future of the market … raises novel patent remedy issues. This article assesses how transparent this landmark case was from two perspectives …

If a litigated patent has previously been licensed to a third party, the courts generally adopt the terms of the prior … trivialized (and generally false) presumption that a patent license is like a commodity, with the patentee charging a common price … patent holders rationally cut off the bottom segment of the licensing market, creating substantial deadweight loss. This …

We propose a model that integrates a series of events regarding patent rights based on real option framework. After the … incumbent has acquired a patent, it can be infringed by the challenger, and the conflict between them can be resolved via … the real world and why most of the lawsuits over patent rights cease before the court's judgment is made. It also …

national incentives for patent protection? What is the rationale for international coordination over patent policies? Given …

set of opportunities for innovation in agricultural biotechnologies. Moreover, the institutional, regulatory and …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family … commercialized as well as whether this commercialization was profitable or not. Thus, this patent database measures technological …

This paper investigates the choice of a licensing mechanism by the holder of a patent whose validity is uncertain. We …