on patents as an incentive for innovation, the effectiveness of patents for invention disclosure, patent valuation, and … what we know about the design of patent systems. We also look at what is known about some current policy areas, including … software and business method patents, university patenting, and the growth in patent litigation …

We study the causal impact of patent invalidation on subsequent innovation and exit by the patent holder. The analysis … is based on patent litigation at the U.S. Court of Appeals for the Federal Circuit, and exploits the random allocation of … judges to control for endogeneity of the judicial decision. Invalidation causes the patent holder to reduce subsequent …

The 2011 America Invents Act was the most significant reform to the United States patent system in over fifty years …. However, the AIA did not address a number of major problems associated with patent litigation in the United States. In this … paper, we provide an economic analysis of post-AIA developments relating to Patent Assertion Entities (PAEs) and Standard …

. Using administrative data on successful and unsuccessful patent applications submitted to the US Patent and Trademark Office …

of patent-owners - discourages invention. Our analysis exploits new historical data on German patents to examine the …

Such institutions as patent systems cannot be well understood without an assessment of technological creativity in … success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …

We explore how examiner behavior is altered by the time allocated for reviewing patent applications. Insufficient …

Brand and generic drug manufacturers frequently settle patent litigation on terms that include a payment to the generic … generic, and conduct an event study of the announcement of the patent settlements on the stock price of the brand. For …

after the end of the process and fully exploit their bargaining leverage, then patent holders aspire to disclose always … after the end of the process. However, if a patent holder cannot rely on the other participants to always contribute to the … cross-licensing agreements that eliminate the strategic aspect of patent disclosure, and show that, in an institutional …

We study how the market for innovation affects enforcement of patent rights. Conventional wisdom associates the gains … from trade with comparative advantage in manufacturing or marketing. We show that these gains imply that patent … transactions should increase litigation risk. We identify a new source of gains from trade, comparative advantage in patent …