Strategic Patenting: Evidence from the U.S. Court of Appeals for the Federal Circui
Event details
Date | 08.04.2021 |
Hour | 17:00 |
Speaker | Yun Hou & Xi Xiong (National University of Singapore) |
Location |
Zoom
|
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
EVIS is a bi-weekly virtual seminar series focusing on Science, Technology and Innovation topics studied through the lens of Economics, Entrepreneurship, Strategy and Finance.
"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
EVIS is a bi-weekly virtual seminar series focusing on Science, Technology and Innovation topics studied through the lens of Economics, Entrepreneurship, Strategy and Finance.
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