Firms often struggle with the successful commercialization of innovations, and there is a need for reliable predictors. Prior research suggests that intellectual property (IP) rights play a key role in the commercialization of innovations. However, to what extent can IP rights be used to predict...

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...

Traditional intellectual property principles hold that ideas themselves must not be appropriated. Nevertheless, within open and collaborative dynamics, ideas are traded in technology markets for a stand-alone value. Contract-based exchanges to appropriate these ownerless resources take place in...

Artificial intelligence (AI) has recently gained significant popularity. News stories about self-driving cars, creative robots and learning algorithms have raised awareness among academics, policymakers and consumers about the benefits and necessity of artificial intelligence. Computer programs...

Artificial intelligence (AI) has recently gained significant popularity. News stories about self-driving cars, creative robots and learning algorithms have raised awareness among academics, policymakers and consumers about the benefits and necessity of artificial intelligence. Computer programs...