We investigate how international patent activity enables firms from emerging economies to thrive in the global … marketplace. We match Chinese customs data to US patent records, and leverage the quasi-random assignment of USPTO patent … examiners to identify the causal effect of a US patent grant on the subsequent export performance of Chinese firms. Successful …

This paper examines empirically the theoretical relationship between external knowledge and innovation success. Special …-specific absorptive capacities. The results of the micro-econometric analysis based on German firm data on innovation suggest that firms … can effectively use external R&D within their own innovation process, as long as they have access to the relevant …

innovation. We evaluate this argument in a dynamic stochastic model of a patent race. The result generally supports the …The U.S. has been under pressure to abandon the unique first-to-invent feature of its patent law for awarding patents …

Software innovation is transforming the U.S. economy. Yet our understanding of how patents and patent transactions … support this innovation is limited by a lack of public information about patent licenses and sales. Claims about the patent … marketplace, for example, extolling the virtues of intermediaries like non–practicing entities, or characterizing software patent …

national incentives for patent protection? What is the rationale for international coordination over patent policies? Given …

patent system. Adequate access to medicines, particularly in developing countries, is necessary to promote health and … medicines. This paper presents a theoretical proposal for global drug patent system reform that attempts to find the balance … between these interests in the form of flexible patent terms …

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 …

-effects regressions, this study yields robust results. National patent protection alone does not stimulate domestic innovation, as …This paper evaluates the effects of patent protection on pharmaceutical innovations for twenty-six countries that … established pharmaceutical patent laws during 1978-2002. Controlling for country characteristics through matched sampling …

The literature on patent buyouts has focused on single-economy settings, where buyouts are welfare improving relative … world with two heterogeneous countries featuring different sizes and innovation capacities. Moving to an international … system of global patent protection paired with domestic price subsidies, and only intersovereign transfers can achieve a …

Tracing back to the Venetian patent law of the 1400s the motivation underlying the grant of the patent was to encourage … society. A patent generally gives its owner the right to prevent third parties from exploiting that same invention or creation …. As a reward or encouragement, it empowers the patent owner to secure a ‘producer surplus’ above that which would be …