In this paper, we offer a novel explanation to the surge in patenting bserved during the last years. With low … patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the … chance of being granted patents but also, and more interestingly, “true innovators” are forced to patent more intensively …

affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are … known in the market but new to the firm (imitation) or to introduce market novelties (innovation). Using a sample of 1253 … German firms from manufacturing and services sectors I show that the perceived effectiveness of patent protection positively …

may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …

higher levels of innovation and lower levels of secrecy. An increase in the size of the market, a reduction in the cost of …

own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

: We analyse the consequences of the increasing complexity of R&D on within- and between-patent competition in the … pharmaceutical industry. The intensity of competition is measured by jointly considering the timing from market launch to patent … expiry, the strength of between-patent competition as well as competition introduced by generic producers. A simple model is …

clauses would reduce such excessive, signaling-driven investment and patenting intensity. … sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs …' high value to acquirers prior to exiting. This increases the VC-backed companies' patenting intensity and long …

This paper offers a theoretical treatment of information disclosure through patenting. We consider a signaling model in … subsidizing the costs of patent applications has no impact on the outcome. …

model is used to study patenting decisions by a company that has made an innovation. A company can monopolize its innovation … with the same innovation. A patent application, by contrast, is a public document, the contents of which are useful to … come up with the same innovation independently. This means that a company will be the more inclined to patent an innovation …

This paper shows that the process of enforcing patent rights both dilutes and distorts Research and Development (R …&D) incentives. We examine the characteristics of litigated patents by combining, for the first time, information about patent case … filings from the US district courts with detailed data from the US Patent and Trademark Office. By comparing filed cases to a …