Found 12 article(s) for author 'Patents'

The Rise of American Ingenuity: Innovation and Inventors of the Golden Age

The Rise of American Ingenuity: Innovation and Inventors of the Golden Age. Tom Nicholas, January 2017, Paper, “We examine the golden age of US innovation by undertaking a major data collection exercise linking US patents to state and county-level aggregates and matching inventors to Federal Censuses between 1880 and 1940. We identify a causal relationship between patented inventions and long run economic growth and outline a basic framework for analyzing key macro and micro-level determinants. We explore drivers of regional performance including population density, financial development, geographic connectedness and social structure. We then profile the characteristics of inventors and their life cycle, measure the returns to technological development, and document the relationship between innovation, inequality and social mobility. Our new data help to address important questions related to innovation and long-run growth dynamics.Link

Tags: , , , , , , , ,

Innovation network

Innovation network. William Kerr, October 11, 2016, Paper, “We describe the strength and importance of the innovation network that links patenting technology fields together. We quantify that technological advances spill out of individual fields and enrich the work of neighboring technologies, but these spillovers are also localized and not universal. Thus, innovation advances in one part of the network can significantly impact nearby disciplines but rarely those very far away. We verify the strength and stable importance of the innovation network by showing how past innovations can predict future innovations in other fields over 10-y horizons. This better understanding of how scientific progress occurs and how inventions build upon themselves is an important input to our depictions of the cumulative process of innovation and its economic growth consequences.Link

Tags: , , , ,

Collaborate to Innovate? Teams and Patent Generation in a Global R&D Center

Collaborate to Innovate? Teams and Patent Generation in a Global R&D Center. Prithwiraj Choudhury, April 2016, Paper. “How should firms organize their employees to generate patents? Are larger teams better than smaller teams, and should their members span formal and informal intra-firm boundaries? We argue that larger teams face greater coordination costs and cooperation problems, and even greater challenges if they span more intra-firm boundaries. Hence, the relationship between team size and patent generation will be more negative if team members belong to more formal organizational units but more positive if they belong to more overlapping informal communities. We also predict that these moderating effects will be exponential rather than linear in form. We test the hypotheses using a proprietary dataset that combines patent data with fine-grained personnel data from the Indian R&D center of a Fortune 50 technology company.Link

Tags: , , ,

Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China.

Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China. Josh Lerner, March 1, 2015, Paper, “Using a difference-in-difference approach, we study how intellectual property right (IPR) protection affects innovation in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE privatizations, and this increase is larger in cities with strong IPR protection. Our results support theoretical arguments that IPR protection strengthens firms’ incentives to innovate and that private sector firms are more sensitive to IPR protection than SOEs.Link

Tags: , , , , , ,

Prizes, Patents and the Search for Longitude

Prizes, Patents and the Search for Longitude. Tom Nicholas, July 2015, Paper, “The 1714 Longitude Act created the Board of Longitude to administer a large monetary prize and progress payments for the precise determination of a ship’s longitude. It is frequently cited to justify the use of prize-based incentives over patents. Using new data on marine chronometer inventors we show that while the timing of the Board’s progress payments did not systematically influence entry or patents, the propensity to patent was high. Furthermore, the level of patents increased during the post-Board era as chronometers were cumulatively refined. The search for longitude relied on a complementarity between prizes and patents to produce a socially valuable innovation when private investment was low.Link

Tags: , , ,

Shielded Innovation

Shielded Innovation. Lauren Cohen, June 2015, Paper. “We show that increased litigation risk has driven innovators to shield themselves by shifting innovation out of industry and into universities. We show both theoretically and empirically that litigation by Non-Practicing Entities (NPEs) pushes innovation to spaces with reduced litigation threat. Innovation has shifted into universities (and away from public and private firms) in exactly those industries with the most aggressive NPE litigation, precisely following extensive NPE litigation. The extent of innovation shielding is large and significant. An increase of 100 NPE lawsuits…Link

Tags: , , , , ,

Global Collaborative Patents

Global Collaborative Patents, William R. Kerr, Paper. “We study the prevalence and traits of global collaborative U.S. patents for U.S. public companies, deÖned to be patents with at least one inventor inside the United States and one abroad. Collaborative patents are frequently observed when a U.S. public company is entering into a new foreign region for innovative work, especially in less developed settings where intellectual property protection is weak. Collaborative patents are also more frequent when the U.S.-based workforce of the Örm has a strong ethnic component to it…” Link

Tags: , ,

Bio-Piracy or Prospering Together? Fuzzy Set and Qualitative Analysis of Herbal Patenting by Firms

Bio-Piracy or Prospering Together? Fuzzy Set and Qualitative Analysis of Herbal Patenting by Firms. Prithwiraj Choudhury, Tarun Khanna, February 28, 2014, Paper. “Since the 1990s, several Western firms have filed patents based on medicinal herbs from emerging markets, evoking protests from local stakeholders against ‘bio-piracy’. We explore conditions under which firms and local stakeholders share rents from such patents. Our theoretical model builds on two distinct strategy literatures: firms appropriating rents from new technologies and firms managing stakeholders…” Link Verified October 12, 2014

Tags: , , , , , , , , , , , , , , , , , ,

The Consequences of Entrepreneurial Finance: Evidence from Angel Financings

The Consequences of Entrepreneurial Finance: Evidence from Angel Financings. William R. Kerr, January 2014, Paper. “This paper documents that ventures that are funded by two successful angel groups experience superior outcomes to rejected ventures: they have improved survival, exits, employment, patenting, web traffic, and financing. We use strong discontinuities in angel funding behavior over small changes in their collective interest levels to implement a regression discontinuity approach. We confirm the positive effects for venture operations…” Link Verified October 11, 2014

Tags: , , , , , , , , , , , ,

The New Patent Intermediaries: Platforms, Defensive Aggregators, and Super-Aggregators

The New Patent Intermediaries: Platforms, Defensive Aggregators, and Super-Aggregators. Andrei Hagiu, David B. Yoffie, Winter 2013, Paper. “The patent market consists mainly of privately negotiated, bilateral transactions, either sales or cross-licenses, between large companies. There is no eBay, Amazon, New York Stock Exchange, or Kelley’s Blue Book equivalent for patents, and when buyers and sellers do manage to find each other, they usually negotiate under enormous uncertainty…” Link Verified October 13, 2014

Tags: , , , , , , , , , , ,