We employ the UTIP data set on the evolution of earnings inequality in manufacturing in the global economy to illuminate two questions. First, do regional patterns of similarity in the movement of large macroeconomic aggregates, such as real GDP, imply underlying similarities of industrial...

This paper provides a summary of information in the UTIP data set on the evolution of industrial earnings inequality in the global economy. At present the data set covers 66 countries, with annual observations going back to 1972 in most cases and to 1963 in many. Our measure of changing...

This paper presents a procedure for studying industrial performance and related issues such as changes in the wage structure. This procedure combines cluster analysis and discriminant analysis as a package, and applies this package to time series data. This enables us to organize industrial data...

This paper continues where Kemmerer and Lu (2008) left off, and explores the relationship between royalty rates and market structure among industries. Economists have studied innovation, R&D, and market structure for decades, and also have investigated patent licensing methods across industries....

This essay presents the most recent results from an on-going research project that collects and analyzes the market prices of patent portfolio transactions. The project was initially launched in 2012 as part of the efforts to better understand the pricing behavior of the rapidly growing patent...

Demand is increasing for quick, easy and relatively reliable methods of patent portfolio valuation in patent-intensive corporate transactions. An augmented market approach may be the solution.The augmented market approach to patent portfolio valuation saves a great deal of time without...

In most headline commentaries and legal studies, non-practicing entities or NPEs are alleged to have dramatically increased the business costs of practicing or producing companies. NPEs are sometimes monikered as patent trolls who would hold up practicing companies that have made irreversible...

In an effort to decompose and adjust patent sales prices for patent portfolio valuation, this study analyzes patent transaction data collected as of September 2012. After presenting the descriptive statistics, the analysis designates a hedonic-model-like specification to identify the value...

Is the licensing market efficient such that royalty rates reflect the costs and profitability across industrieslsquo; This paper tries to answer the question through exploring the relationship between royalty rates and profitability. Our analysis shows that the reported royalty rates across...