Showing 1 - 10 of 1,634
Do stronger intellectual property rights incentivize female participation in innovation? We provide new evidence on this question using a unique database of artificial intelligence patents publicly shared by the USPTO. Our identification strategy leverages China's WTO TRIPs accession, which led...
Persistent link: https://www.econbiz.de/10014576575
This paper develops a general equilibrium model to examine the role of information technology when intermediaries facilitate the origination and distribution of assets given information asymmetry. Information technology measures the informativeness of asset-quality signals received by...
Persistent link: https://www.econbiz.de/10014468252
Open banking (OB) empowers bank customers to share transaction data with fintechs and other banks. 49 countries have adopted OB policies. Consumer trust in fintechs predicts OB policy adoption and adoption spurs investment in fintechs. UK microdata shows that OB enables: i) consumers to access...
Persistent link: https://www.econbiz.de/10014468288
century. In addition to the funding agency, the data report whether the government has title to the patent ("title" patents …) or funded a patent assigned to a private organization ("license" patents). The data include a large number of "license …" patents that cannot be linked to government funding from patent text or other sources. Combining the historical data with …
Persistent link: https://www.econbiz.de/10014486228
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 …
Persistent link: https://www.econbiz.de/10012460660
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 …
Persistent link: https://www.econbiz.de/10012461291
technologies. How will patent protection affect this process? In this paper we first review the evidence on the role of patents for … innovation and international technology transfer in general. The literature suggests that patent protection in a host country … externalities, implies that patent protection may not be the optimal instrument for encouraging innovation in this area, especially …
Persistent link: https://www.econbiz.de/10012462333
This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the allocation of resources by encouraging rapid experimentation and efficient ex post transfer of knowledge across firms. Each firm receives a private signal on the success...
Persistent link: https://www.econbiz.de/10012464239
A patent only protects an innovator from others producing the same product, but it does not protect him from others … within-patent competition, which results from production of the same product, and betweenpatent competition, which results … effects of intellectual property regulations on within -patent competition by showing how protecting innovative returns from …
Persistent link: https://www.econbiz.de/10012469403
The paper seeks to understand the impact of the patent system on innovation by examining shifts in the strength of … patent protection across sixty countries and a 150-year period. An examination of 177 policy changes reveals that … strengthening patent protection appears to have few positive effects on patent applications by entities in the country undertaking …
Persistent link: https://www.econbiz.de/10012469737