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This paper shows how a financial institution can profit from the development of financial products even if they are unpatentable.
Persistent link: https://www.econbiz.de/10005843480
This paper shows how this becomes an informational first-mover advantage that turns innovators into the market leader.
Persistent link: https://www.econbiz.de/10005843438
Investment banks imitate other banks innovative corporate securities with their own varieties, and compete with the innovator to underwrite new issues. This paper uses data of all the corporate offerings of Equity-Linked and Derivative Securities from the SDC records to estimate the issuers...
Persistent link: https://www.econbiz.de/10005859085
appropriability without patent protection, it may pay for an innovating bank to introduce a series of smaller innovations rather than … we seem to observe significant innovations activity in an industry that is generally bereft of patent protection …
Persistent link: https://www.econbiz.de/10014047892
On April 16, 2010 the Securities and Exchange Commission (SEC) filed a civil complaint against Goldman Sachs in the U.S. District Court for the Southern District of New York. The complaint alleged that Goldman violated the anti-fraud provisions of the federal securities laws, in connection with...
Persistent link: https://www.econbiz.de/10013115291
Persistent link: https://www.econbiz.de/10013022877
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largely satisfied with today's patent system while the electronics, software and Internet industries are not. This article … inventive process for pharmaceuticals. Our patent system, however, has no analogous requirement for the other fields. In them … biotech industry may be closing the gap in early-stage patenting. This article suggests two ways to improve our patent system …
Persistent link: https://www.econbiz.de/10014058553
create substantial tensions for the patent system to assure low-cost access to patented technologies at the back end of … technology transfer needs. This article first describes the uncertain case for relying on the patent system, the tensions that … needs, and the measures that have been proposed to limit the effect of the patent system on development of and access to …
Persistent link: https://www.econbiz.de/10014185204
designs over less attractive ones. It relies upon a data set that includes all design patent decisions from 1982 until 2010 in … which a court made a final determination of validity or infringement, with every design patent at issue therein classified … legal doctrine and empirical data reflect a decline in the importance of aesthetic considerations in design patent decisions …
Persistent link: https://www.econbiz.de/10014165060