The strengthening of the U.S. patent regime in the early eighties was followed by a sharp increase in patenting and a … rather small increase in the in Ramp;D expenditure in some industries in the U.S. This patent paradox is prominently observed … number of ideas to successfully develop a final product. In this paper I examine the effects of a change in the patent regime …

different configurations of the patent system upon innovation and competition. The model is able to replicate the main stylized …The role of the patent system in the pharmaceutical sector is highly debated also due to its strong public health … adverse effects in terms of innovation outcomes, as well as of market competition and consumer welfare. Such general …

From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent …

Theoretically, whether technology firms should increase external R&D in response to stronger patent law depends on the … effects of law on returns to external and internal R&D. Exploiting geographical differences in the strengthening of patent …

fulfill the responsibilities they have been assigned in fostering innovation. But I argue here that in their moments of … the door to a new examination of patent purposes, and to understanding some otherwise inexplicable characteristics of … patent law …

the change. My results show that more restrictive patent policies at the SDO level decrease the innovation effort of firms …In this paper, I empirically study the effect of IEEE’s IPR policy change in 2015 on standard related innovation. I … construct a novel dataset of companies that have declared at least one patent as essential for an IEEE standard (the treatment …

insight by combining measures of industry reliance on patent protection (IRPP) from seminal innovation surveys with the …We propose a novel empirical strategy for detecting the potential effects of patent reforms on R&D investments. Our … mechanism. Increases in patent protection should benefit those firms that rely on patents disproportionately more. We apply such …

patent rights have been strengthened or when standards-contributing firms hold a larger proportion of related patents …

This paper analyzes the optimal protection strategy for an innovator of a complex innovation who faces the risk of … imitation by a competitor. We suppose that the innovation can be continuously fragmented into sub-innovations. We characterize … the optimal mix of patent and trade secrets when the innovator faces a strict novelty requirement and can only patent a …