Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents yielded a count of citations to those patents....

We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...

In der Diskussion über notwendige Reformen der Volkswirtschaften werden in der Bundesrepublik und anderen europäischen Ländern die institutionellen Rahmenbedingungen der Vereinigten Staaten zur Nachahmung empfohlen. Gibt es ein marktwirtschaftlich orientiertes Wirtschaftssystem, dessen...