Strategic Patenting: Evidence from the U.S. Court of Appeals for the Federal Circui

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Event details

Date and time 08.04.2021 17:00  
Place and room
Zoom
Speaker Yun Hou & Xi Xiong (National University of Singapore)
Category Conferences - Seminars
Yun Hou & Xi Xiong (National University of Singapore)
"Strategic Patenting: Evidence from the U.S. Court of Appeals for the Federal Circuit"
Discussant: lberto Galasso (University of Toronto - Rotman School of Management)

Abstract
How should businesses adjust strategic patenting to changes in patent law? Theoretically, if legal protection of patents is stronger, patents would be more effective in deterring potential entrants, and so, incumbent businesses would reduce patenting. When the Court of Appeals for the Federal Circuit assumed jurisdiction over patent appeals, it strengthened the legal protection of patents. Importantly, the increase varied geographically by judicial circuit. Exploiting these changes as a natural experiment, we find that businesses reduced patenting, the marginal patent was more valuable commercially but not technologically, and new entry fell.

Keywords: Strategic patents, entry, patent law

EPFL Virtual Innovation Seminar
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