Régibeau, Pierre; Rockett, Katharine - C.E.P.R. Discussion Papers - 2007
innovations by taking more time to perform their reviews. We study the relationship between the length of patent review and the … importance of inventions in a theoretical model. We build a simple model of the US patent review process. The model predicts that …, controlling for a patent's position in the new technology cycle, more important innovations would (and should) be approved more …