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Author: Jonathan H. Ashtor
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
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Book Description
We investigate the relationship between the exclusive rights of patents, their information disclosures, and the impact they have on the development of future technologies. We discover a significant positive relationship. Specifically, we find that the private rights and technological impact of patents rise and fall together and, moreover, that both are related to the quantity of new and useful technical information contained in their disclosures.For the first time, we identify significant differences between the technological impact of valid patents compared to invalid patents, as measured by the future patented inventions that relate to the original patent. We further observe significant differences based on the reason for a patent's invalidity, with failure to disclose novel technical information corresponding to the weakest future impact. Next, we trace these differences to quantifiable variations in the information content of valid patents relative to patents invalidated for lack of novelty, obviousness or indefiniteness. Finally, we complete the circuit by linking the breadth of a patent's exclusive claims, when validly supported by its disclosure, to the impact that patent has on future technological progress. Taken together, we find that the greater the information content of a patent's disclosure, the higher the probability it will be held valid and, in turn, the larger its expected positive impact on the development of future technologies.This study contributes to patent and cumulative innovation scholarship by investigating how the information disclosure of patents relates to both the private value of their exclusive rights and the technological progress they promote. Furthermore, this study uncovers significant empirical differences between valid and invalid patents, which informs patent policy and may give rise to new analytics for predicting validity ex ante. Moreover, we offer unique metrics for directly analyzing the information content of any patent, providing tools for future research.
Author: Jonathan H. Ashtor
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
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Book Description
We investigate the relationship between the exclusive rights of patents, their information disclosures, and the impact they have on the development of future technologies. We discover a significant positive relationship. Specifically, we find that the private rights and technological impact of patents rise and fall together and, moreover, that both are related to the quantity of new and useful technical information contained in their disclosures.For the first time, we identify significant differences between the technological impact of valid patents compared to invalid patents, as measured by the future patented inventions that relate to the original patent. We further observe significant differences based on the reason for a patent's invalidity, with failure to disclose novel technical information corresponding to the weakest future impact. Next, we trace these differences to quantifiable variations in the information content of valid patents relative to patents invalidated for lack of novelty, obviousness or indefiniteness. Finally, we complete the circuit by linking the breadth of a patent's exclusive claims, when validly supported by its disclosure, to the impact that patent has on future technological progress. Taken together, we find that the greater the information content of a patent's disclosure, the higher the probability it will be held valid and, in turn, the larger its expected positive impact on the development of future technologies.This study contributes to patent and cumulative innovation scholarship by investigating how the information disclosure of patents relates to both the private value of their exclusive rights and the technological progress they promote. Furthermore, this study uncovers significant empirical differences between valid and invalid patents, which informs patent policy and may give rise to new analytics for predicting validity ex ante. Moreover, we offer unique metrics for directly analyzing the information content of any patent, providing tools for future research.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309089107
Category : Science
Languages : en
Pages : 186
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Book Description
The U.S. patent system is in an accelerating race with human ingenuity and investments in innovation. In many respects the system has responded with admirable flexibility, but the strain of continual technological change and the greater importance ascribed to patents in a knowledge economy are exposing weaknesses including questionable patent quality, rising transaction costs, impediments to the dissemination of information through patents, and international inconsistencies. A panel including a mix of legal expertise, economists, technologists, and university and corporate officials recommends significant changes in the way the patent system operates. A Patent System for the 21st Century urges creation of a mechanism for post-grant challenges to newly issued patents, reinvigoration of the non-obviousness standard to quality for a patent, strengthening of the U.S. Patent and Trademark Office, simplified and less costly litigation, harmonization of the U.S., European, and Japanese examination process, and protection of some research from patent infringement liability.
Author:
Publisher:
ISBN:
Category : Patents
Languages : en
Pages : 52
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Book Description
Author: Edward C. Walterscheid
Publisher:
ISBN:
Category : America
Languages : en
Pages : 17
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Book Description
Author: Joe L. Fore (Jr.)
Publisher:
ISBN:
Category : Patent laws and legislation
Languages : en
Pages : 232
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Book Description
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309048338
Category : Political Science
Languages : en
Pages : 457
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Book Description
As technological developments multiply around the globeâ€"even as the patenting of human genes comes under serious discussionâ€"nations, companies, and researchers find themselves in conflict over intellectual property rights (IPRs). Now, an international group of experts presents the first multidisciplinary look at IPRs in an age of explosive growth in science and technology. This thought-provoking volume offers an update on current international IPR negotiations and includes case studies on software, computer chips, optoelectronics, and biotechnologyâ€"areas characterized by high development cost and easy reproducibility. The volume covers these and other issues: Modern economic theory as a basis for approaching international IPRs. U.S. intellectual property practices versus those in Japan, India, the European Community, and the developing and newly industrializing countries. Trends in science and technology and how they affect IPRs. Pros and cons of a uniform international IPRs regime versus a system reflecting national differences.
Author: OECD
Publisher: OECD Publishing
ISBN: 926402672X
Category :
Languages : en
Pages : 32
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Book Description
Few systematic economic evaluations have been carried out on patent system to better inform policy choices. This report, which covers a range of areas, and highlights some issues that policy makers should address in the near future, including ...
Author: Wolrad Prinz zu Waldeck und Pyrmont
Publisher: Springer Science & Business Media
ISBN: 3540887431
Category : Law
Languages : en
Pages : 898
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Book Description
In the last two decades, accelerating technological progress, increasing economic globalization and the proliferation of international agreements have created new challenges for intellectual property law. In this collection of articles in honor of Professor Joseph Straus, more than 60 scholars and practitioners from the Americas, Asia and Europe provide legal, economic and policy perspectives on these challenges, with a particular focus on the challenges facing the modern patent system. Among the many topics addressed are the rapid development of specific technical fields such as biotechnology, the relationship of exclusive rights and competition, and the application of territorially limited IP laws in cross-border scenarios.
Author: Fritz Machlup
Publisher:
ISBN:
Category : Patents
Languages : en
Pages : 100
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Book Description
At head of title: 85th Cong., 2d sess. Committee print. Bibliography: p. 81-86.
Author: Zvi Griliches
Publisher: University of Chicago Press
ISBN: 0226308901
Category : Business & Economics
Languages : en
Pages : 398
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Book Description
Zvi Griliches, a world-renowned pioneer in the field of productivity growth, has compiled in a single volume his pathbreaking research on R&D and productivity. Griliches addresses the relationship between research and development (R&D) and productivity, one of the most complex yet vital issues in today's business world. Using econometric techniques, he establishes this connection and measures its magnitude for firm-, industry-, and economy-level data. Griliches began his studies of productivity growth during the 1950s, adding a variable of "knowledge stock" to traditional production function models, and his work has served as the point of departure for much of the research into R&D and productivity. This collection of essays documents both Griliches's distinguished career as well as the history of this line of thought. As inputs into production increasingly taking the form of "intellectual capital" and new technologies that are not as easily measured as traditional labor and capital, the methods Griliches has refined and applied to R&D become crucial to understanding today's economy.
