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 …

China has a wide-range of patent-specific and other patent-related policies in-place, many of which are at least … partially meant to stimulate patents and "indigenous innovation." However, the analysis in this paper discusses how some of … innovation …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social plannerś benchmark, which suggests a role for patent policy. We focus on a "non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

We examine the accessibility and functioning of the patent system in the United Kingdom of the Netherlands, a state … that existed between 1815 and 1830. The country's patent law combined an examination process with significant government … discretion over a patent's duration and cost. Using our hand-collected database of all patent applications-granted, withdrawn …

This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent … relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding …, this essay introduces the organizing themes of the volume. Innovation is critical to economic growth. While it is well …

Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political … setting of countries with different innovation and financing capabilities, and where financing governments rely on taxes to …

Economic theory views patents as policy instruments aimed at fostering innovation and diffusion. Three major … with low social value that increase the social cost of the patent system. Third, the trade-off between the patent policy …. Beyond these three implications, economic theory also pleads for a mechanism design approach: an optimal patent system could …

China has surpassed the United States in patent applications and has become world leader. Strong patenting activity … patent holders. Furthermore, the paper examines what drives patenting activity. Higher R&D spending by the firm and higher …, however, did not lead to strong productivity growth. The delinking of patenting activity from productivity growth could be …

the change. My results show that more restrictive patent policies at the SDO level decrease the innovation effort of firms …In this paper, I empirically study the effect of IEEE’s IPR policy change in 2015 on standard related innovation. I … construct a novel dataset of companies that have declared at least one patent as essential for an IEEE standard (the treatment …