We investigate how international patent activity enables firms from emerging economies to thrive in the global … marketplace. We match Chinese customs data to US patent records, and leverage the quasi-random assignment of USPTO patent … examiners to identify the causal effect of a US patent grant on the subsequent export performance of Chinese firms. Successful …

This paper provides a first comprehensive quantitative analysis of optimal patent policy in the global economy. We … application delivers three main results. First, the potential gains from international cooperation over patent policies are large … counterproductive, slightly reducing welfare in the Global South and for the world. Overall, there is substantial scope for policy …

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 …

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 law assumes that stronger protection promotes innovation, yet empirical evidence to test this “innovation …-generation innovation in electric light and now threatens the future of innovation in mobile computing. A new appreciation of patent warfare … should prompt increased skepticism of the “innovation assumption” at the heart of patent law. Patent protection clearly …

Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an … invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions … and the certification effect of patents which signals the ventures’ “quality” to investors. If the decision about patent …

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 …

competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the 'patent thicket …

We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent … of patent rights from university researchers to their universities. Based on a novel researcher-level panel database that … increase in start-up companies by university researchers. The shift in patent rights may have strengthened the relationship …

innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate … the complementary role of the two protection methods. We identify protection strategies for single innovation firms and … for the same innovation or for different innovations. Employing firm panel data from Germany, we find fairly few …