Patent infringement awards are commonly thought to be unpredictable, which raises concerns that patents can lead to unjust enrichment and impede the progress of innovation. We investigate the unpredictability of patent damages by conducting a large-scale econometric analysis of award values. We...

Patent litigation is widely regarded as one of the most complex types of civil litigation, with costs often totaling millions of dollars and typical case durations stretching for years. Also, the burdens of patent case complexity land on both sides of the technology divide, as large producers...

Forward citations are arguably the most widely used empirical metric for patents, including as indicators of patent information content, cumulative innovation, value, and knowledge flows. However, forward citations have major shortcomings. Citations require long time horizons to accrue, and...

This study uses machine learning techniques to model patent claim clarity and analyze how clarity relates to important patent policy objectives. Specifically, machine learning models are trained on a dataset of over 600,000 U.S. patent applications that were (or were not) rejected for...

Patent infringement litigation has not only increased dramatically in frequency over the past few decades, but also has also seen striking growth in both stakes and cost. Although a relatively rich literature has added much to our understanding of the nature, causes, and consequences of patent...

The Supreme Court upended the patent world in the past decade with a series of decisions restricting the scope of patent-eligible subject matter. The culmination of those cases – Alice v. CLS Bank -- has been at the center of a firestorm of controversy in the five years since it was decided....