We study the welfare economics of probabilistic patents that are licensed without a full
determination of validity. We examine the social value of instead determining patent validity …

Joint patenting by companies, the sharing of property rights on inventions, is a relatively
unknown phenomenon that is generally seen by patent lawyers and firms alike as a second …

Patent litigation has attracted scholarly attention to reconcile multiple views for new
research. Accordingly, this paper addresses patent litigation strategy and its effect on the …

Patent litigation reveals important information about the validity of the contested patent to
other potential entrants. This paper explores the implications of such informational …

This book develops and illustrates a comprehensive, multi-level framework for the
evaluation of industrial research and development (R&D) activities and the measurement of …

This paper examines determinants of process innovation introductions across 115 (mostly)
developing countries. Empirical research on process innovations lags behind product …

Which, if any, of a firm's inventions should it patent? Should it patent at all? Many companies
engaged in an innovation race seek a patenting strategy that balances protection of their …

In bifurcated patent litigation systems, claims of infringement and validity of a patent are
decided independently of each other in separate court proceedings at different courts. In non …

We examine the impact of patent infringement damages in an equilibrium oligopoly model of
process innovation where the choice to infringe is endogenous and affects market choices …

The patent system encourages innovation and knowledge disclosure by providing
exclusivity to inventors. Exclusivity is limited, however, because a substantial fraction of …