existence of strong patent laws encourage innovation? And 2) May patent laws influence the direction – as opposed to the rate …What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic … to address problems with the current patent system: 3) How do patent pools, as a mechanism to mitigate litigation risks …

Patent pools, which combine complementary patents of competing firms, are expected to increase overall welfare – but … potentially discourage innovation in substitutes for the pool technology. This paper exploits a new historical data set on changes … industry to investigate the effects of a pool on innovation in substitutes. This analysis reveals a substantial increase in …

received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and … for democratization. The United States deliberately created a patent system that differed from existing European systems … in ways that significantly affected the course of technological change. Patent rights in the U.S. helped to define and …

patenting decisions are unresponsive to differences in patent laws. Cross-section evidence suggests that high-quality and urban …

Patent pools allow competing firms to combine their patents and license them as a package to outside firms. Regulators … licensing strategies of patent pools. This paper takes advantage of a unique period of regulatory tolerance during the New Deal …

received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and … for democratization. The United States deliberately created a patent system that differed from existing European systems … in ways that significantly affected the course of technological change. Patent rights in the U.S. helped to define and …

received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and … for democratization. The United States deliberately created a patent system that differed from existing European systems … in ways that significantly affected the course of technological change. Patent rights in the U.S. helped to define and …