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 …

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

Novelty value is one of the legal requirements for a patentable innovation but it has been given relatively little … attention in the literature. It is often abstracted away by assuming that any innovation is patentable. We study the optimal … novelty requirement in a model where ideas are scarce, and where turning an idea into an innovation requires resources. We …

innovation, then invest in the chosen direction, and finally, compete. Investments can be in competing or non …-competing innovations and their outcome is uncertain. If successful, a firm can be imitated by the rival. Patent protection prevents … show that the level of the requirement may affect the direction of firms' R\&D trajectories. While in a mild patent regime …

quality of these disclosures affects follow-on innovation. We use the plausibly exogenous assignment to patent applications of …The patent system grants inventors temporary monopoly rights in exchange for a public disclosure detailing their … innovation. These disclosures are meant to allow others to recreate and build on the patented innovation. We examine how the …

concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law …” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … patent-intensive, and legal and economic theory has long explored the role of patents in shaping industry structure …

find a link between patent propensity, R&D and innovation performance. Descriptive analyses show that Polish manufacturing … increase in patent propensity affects the firm's innovation performancepositively. …This paper tries to find how firms use IPRs in the form of patents to protect innovation capital and find determinants …

set of opportunities for innovation in agricultural biotechnologies. Moreover, the institutional, regulatory and …

This article investigates patent protection for a long sequence of innovations where firms repeatedly supersede each … using a patentability requirement--a minimum innovation size required for patents. A patentability requirement can stimulate … to innovation …