Using comprehensive patent lawsuit data from 2000 to 2014, we find that a stock portfolio consisting of firms involved … in patent lawsuits provides significantly positive stock returns (between 0.56% to 1.02% per month) in the following year … constraints, unknown systematic risk, and investors' underreaction to potential benefits associated with patent litigation …

of agreements by which brand-name drug companies pay generics to settle patent litigation and delay entering the market … of the patent" test applied by the dissent and several appellate courts — would have meant "game over" for challenges to …

In the land of ‘Jugaad’, where everyone is able to find a frugal fix toany problem, innovation is still dismal …. Innovation in India is dismal not because of the lack of grey matter, but because India is systemically failing its inventors …

This paper studies the effects of the USPTO's patent secrecy program in World War II, under which over 11,000 U ….S. patent applications were issued secrecy orders which halted examination and prohibited inventors from disclosing their … returns to innovation, and yield lessons for ongoing policy discussions over potential measures to protect U.S. inventors …

We investigate the effect of patent disclosures on corporate innovation. Using the American Inventor's Protection Act … (AIPA) as a shock that increased patent disclosures, we find an increase in innovation for firms whose rivals reveal more … facilitate a firm's innovation. However, we also highlight that mandatory patent disclosures can impose proprietary costs on …

Software innovation is transforming the U.S. economy. Yet our understanding of how patents and patent transactions … support this innovation is limited by a lack of public information about patent licenses and sales. Claims about the patent … marketplace, for example, extolling the virtues of intermediaries like non–practicing entities, or characterizing software patent …

researchers and healthcare providers without infringing a gene patent. Many have voiced concern that this perceived thicket of … mentioned in a US patent claim. The myth that 20% of human genes are “patented” has taken root because too many have incorrectly … inferred that the mere “mention” of a gene in a patent claim precludes all uses of the gene. To better understand the actual …

-be inventor that can thwart innovation and frustrate important objectives of the patent system. To resolve these problems and to …The novelty requirement seeks to ensure that a patent will not issue if the public already possesses the invention … like biotechnology, chemistry, and pharmaceuticals. For example, if a drug company seeks to patent a promising molecule …

about promoting innovation? I argue that empirical progress in patent law depends on greater policy diversity (rather than … more robust theory development about the mechanisms by which innovation policies work. This pluralistic, evidence …Many scholars have wrestled with what I call the “first-order question” in patent law: What policies should we adopt to …

scientific theory. Patents on research tools can prevent widespread access to these technologies and thus inhibit downstream … "theorize around" dominant paradigms, thereby engaging in the alternative theory generation that drives profound scientific … patent term in order to best balance the normal scientific processes and alternate hypothesis generation that jointly enable …