Trading and enforcing patent rights

Enforcing Intellectual Property Rights: Estimating the Optimal Level of Enforcing Patent Protection

Intellectual property rights give innovators, both individuals and firms, the right to control and derive benefits from writing (copyright), inventions (patents), processes (trade secrets) and identifiers (trademarks) (definition provided by American Friends Service Committee). IPRs are important to growth of an economy because they allow for an increase in incentives for parties to pursue new ...

Enforcing Intellectual Property Rights

We study the determinants of patent suits and their outcomes over the period 1978-1999 by linking detailed information from the U.S. patent office, the federal court system, and industry sources. The probability of being involved in a suit is very heterogeneous, being much higher for valuable patents and for patents owned by individuals and smaller firms. Thus the patent system generates incent...

International Patent Harmonization and Trade Balance of Patent Rights

The economic implications of international patent harmonization have attracted little empirical scrutiny. Based on patent application and renewal data in major European countries since the early 1980s, this paper examines the empirical relationship between international patenting, R&D, and “trade flows” of patent rights across national borders. The analysis reveals a substantial patent “trade i...

Trading of Pollution Discharge Rights

The Use and Value of Patent Rights