Although patent systems have been widely used both historically and internationally, there is
nonetheless a tremendous amount of controversy over whether patent systems, in practice …

We review the accounting literature on innovation, focusing on the attributes of innovation
that collectively make it unique from other resources: novelty, nonrivalry, and partial …

We provide evidence on the value of patents to startups by leveraging the quasi‐random
assignment of applications to examiners with different propensities to grant patents. Using …

Blockchain technology is a new general-purpose technology that poses significant
challenges to the existing state of law, economy, and society. Blockchain has one feature …

Innovation is central to long-run economic growth. This chapter summarizes the state of the
literature on the economics of innovation, highlighting open policy questions. We first …

Patent length is a fundamental design of the patent system, indicating the duration of the
legal monopoly granted by patents. The fast-tracking patent applications (FPA) policy is …

The paper proposes an empirical analysis of the determinants of the adoption of Intellectual
Property Rights (IPR) and their impact on innovation in manufacturing. The analysis is …

The role of the patent system in the pharmaceutical sector is highly debated also due to its
strong public health implications. In this paper we develop an evolutionary, agent-based …

Motivated by the differences in innovation across countries, this paper evaluates the role of
contract enforcement for R&D investments. We find empirical evidence that weak contract …

AI-generated inventions-inventions autonomously created by Al software-are around the
corner. 1 They have already surfaced in some applications, including genomic. 2" Invention …