Patent trolls on markets for technology – An empirical analysis of NPEs’ patent acquisitions
Author
Abstract
Suggested Citation
DOI: 10.1016/j.respol.2012.05.002
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lanjouw, Jean O & Schankerman, Mark, 2001. "Characteristics of Patent Litigation: A Window on Competition," RAND Journal of Economics, The RAND Corporation, vol. 32(1), pages 129-151, Spring.
- Markus Reitzig & Joachim Henkel & Ferdinand Schneider, 2010. "Collateral damage for R&D manufacturers: how patent sharks operate in markets for technology," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(3), pages 947-967, June.
- van Zeebroeck, Nicolas & van Pottelsberghe de la Potterie, Bruno & Guellec, Dominique, 2009.
"Claiming more: the Increased Voluminosity of Patent Applications and its Determinants,"
Research Policy, Elsevier, vol. 38(6), pages 1006-1020, July.
- van Pottelsberghe de la Potterie, Bruno & Guellec, Dominique & van Zeebroeck, Nicolas, 2006. "Claiming More: The Increased Voluminosity of Patent Applications and its Determinants," CEPR Discussion Papers 5971, C.E.P.R. Discussion Papers.
- Nicolas van Zeebroeck & Bruno Van Pottelsberghe & Dominique Guellec, 2009. "Claiming more: the increased voluminosity of patent applications and its determinants," ULB Institutional Repository 2013/60726, ULB -- Universite Libre de Bruxelles.
- Nicolas van Zeebroeck & Bruno Van Pottelsberghe & Dominique Guellec, 2006. "Claiming more: the increased voluminosity of patent applications and its determinants," Working Papers CEB 06-018.RS, ULB -- Universite Libre de Bruxelles.
- Meyer, Martin, 2000. "Does science push technology? Patents citing scientific literature," Research Policy, Elsevier, vol. 29(3), pages 409-434, March.
- Alberto Galasso & Mark Schankerman, 2010. "Patent thickets, courts, and the market for innovation," RAND Journal of Economics, RAND Corporation, vol. 41(3), pages 472-503, September.
- Iain M. Cockburn & Megan J. MacGarvie & Elisabeth Müller, 2010.
"Patent thickets, licensing and innovative performance,"
Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(3), pages 899-925, June.
- Müller, Elisabeth & MacGarvie, Megan J. & Cockburn, Iain M., 2008. "Patent Thickets, Licensing and Innovative Performance," ZEW Discussion Papers 08-101, ZEW - Leibniz Centre for European Economic Research.
- Cockburn, Iain M. & MacGarvie, Megan J. & Müller, Elisabeth, 2009. "Patent thickets, licensing and innovative performance," ZEW Discussion Papers 08-101 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Manuel Trajtenberg, 1990. "A Penny for Your Quotes: Patent Citations and the Value of Innovations," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 172-187, Spring.
- Gambardella, Alfonso & Giuri, Paola & Luzzi, Alessandra, 2007.
"The market for patents in Europe,"
Research Policy, Elsevier, vol. 36(8), pages 1163-1183, October.
- Alfonso Gambardella & Paola Giuri & Alessandra Luzzi, 2006. "The Market for Patents in Europe," LEM Papers Series 2006/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Gans, Joshua S. & Stern, Scott, 2003. "The product market and the market for "ideas": commercialization strategies for technology entrepreneurs," Research Policy, Elsevier, vol. 32(2), pages 333-350, February.
- Don E Kash & William Kingston, 2001. "Patents in a world of complex technologies," Science and Public Policy, Oxford University Press, vol. 28(1), pages 11-22, February.
- Ashish Arora & Marco Ceccagnoli, 2006. "Patent Protection, Complementary Assets, and Firms' Incentives for Technology Licensing," Management Science, INFORMS, vol. 52(2), pages 293-308, February.
- Carl Shapiro, 2001.
"Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting,"
NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages 119-150,
National Bureau of Economic Research, Inc.
- Shapiro, Carl, 2000. "Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard-Setting," Competition Policy Center, Working Paper Series qt4hs5s9wk, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Carl Shapiro, 2004. "Navigating the Patent Thicket: Cross Licenses, Patent Pools and Standard Setting," Levine's Working Paper Archive 122247000000000539, David K. Levine.
- Carl Shapiro, 2003. "Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard-Setting," Law and Economics 0303005, University Library of Munich, Germany.
- repec:bla:jindec:v:46:y:1998:i:4:p:405-32 is not listed on IDEAS
- Reitzig, Markus & Henkel, Joachim & Heath, Christopher, 2007. "On sharks, trolls, and their patent prey--Unrealistic damage awards and firms' strategies of "being infringed"," Research Policy, Elsevier, vol. 36(1), pages 134-154, February.
- Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2000.
"Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not),"
NBER Working Papers
7552, National Bureau of Economic Research, Inc.
- Wesley M Cohen & Richard R Nelson & John P Walsh, 2003. "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (Or Not)," Levine's Working Paper Archive 618897000000000624, David K. Levine.
- Carlos J. Serrano, 2010.
"The dynamics of the transfer and renewal of patents,"
RAND Journal of Economics, RAND Corporation, vol. 41(4), pages 686-708, December.
- Carlos J. Serrano, 2006. "The Dynamics of the Transfer and Renewal of Patents," Working Papers tecipa-227, University of Toronto, Department of Economics.
- Carlos J. Serrano, 2008. "The Dynamics of the Transfer and Renewal of Patents," NBER Working Papers 13938, National Bureau of Economic Research, Inc.
- Harhoff, Dietmar & Reitzig, Markus, 2004.
"Determinants of opposition against EPO patent grants--the case of biotechnology and pharmaceuticals,"
International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 443-480, April.
- Harhoff, Dietmar & Reitzig, Markus, 2002. "Determinants of Opposition Against EPO Patent Grants - The Case of Biotechnology and Pharmaceuticals," CEPR Discussion Papers 3645, C.E.P.R. Discussion Papers.
- Reitzig, Markus, 2004. "Improving patent valuations for management purposes--validating new indicators by analyzing application rationales," Research Policy, Elsevier, vol. 33(6-7), pages 939-957, September.
- Jean O. Lanjouw & Mark Schankerman, 1997.
"Stylized Facts of Patent Litigation: Value, Scope and Ownership,"
NBER Working Papers
6297, National Bureau of Economic Research, Inc.
- Jean Olson Lanjouw & Mark Schankerman, 1998. "Stylised Fact of Patent Litigation: Value, Scope and Ownership," STICERD - Economics of Industry Papers 20, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Arora, Ashish & Gambardella, Alfonso, 1994. "The changing technology of technological change: general and abstract knowledge and the division of innovative labour," Research Policy, Elsevier, vol. 23(5), pages 523-532, September.
- Joshua Lerner, 1994. "The Importance of Patent Scope: An Empirical Analysis," RAND Journal of Economics, The RAND Corporation, vol. 25(2), pages 319-333, Summer.
- King, Gary & Zeng, Langche, 2001. "Logistic Regression in Rare Events Data," Political Analysis, Cambridge University Press, vol. 9(2), pages 137-163, January.
- Van de Ven, Wynand P. M. M. & Van Praag, Bernard M. S., 1981. "The demand for deductibles in private health insurance : A probit model with sample selection," Journal of Econometrics, Elsevier, vol. 17(2), pages 229-252, November.
- Siebert, Ralph Bernd & Graevenitz, Georg von, 2010. "Licensing in the Patent Thicket - Timing and Benefits," MPRA Paper 24007, University Library of Munich, Germany.
- Jean O. Lanjouw & Ariel Pakes & Jonathan Putnam, 1998.
"How to Count Patents and Value Intellectual Property: The Uses of Patent Renewal and Application Data,"
Journal of Industrial Economics, Wiley Blackwell, vol. 46(4), pages 405-432, December.
- Jean O. Lanjouw & Ariel Pakes & Jonathan Putnam, 1996. "How to Count Patents and Value Intellectual Property: Uses of Patent Renewal and Application Data," NBER Working Papers 5741, National Bureau of Economic Research, Inc.
- Joshua S. Gans & David H. Hsu & Scott Stern, 2008.
"The Impact of Uncertain Intellectual Property Rights on the Market for Ideas: Evidence from Patent Grant Delays,"
Management Science, INFORMS, vol. 54(5), pages 982-997, May.
- Joshua S. Gans & David H. Hsu & Scott Stern, 2007. "The Impact of Uncertain Intellectual Property Rights on the Market For Ideas: Evidence From Patent Grant Delays," NBER Working Papers 13234, National Bureau of Economic Research, Inc.
- Heckman, James, 2013.
"Sample selection bias as a specification error,"
Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
- Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-161, January.
- Blind, Knut & Edler, Jakob & Frietsch, Rainer & Schmoch, Ulrich, 2006. "Motives to patent: Empirical evidence from Germany," Research Policy, Elsevier, vol. 35(5), pages 655-672, June.
- Harhoff, Dietmar & Scherer, Frederic M. & Vopel, Katrin, 2003. "Citations, family size, opposition and the value of patent rights," Research Policy, Elsevier, vol. 32(8), pages 1343-1363, September.
- Naomi R. Lamoreaux & Kenneth L. Sokoloff, 1999. "Inventive Activity and the Market for Technology in the United States, 1840-1920," NBER Working Papers 7107, National Bureau of Economic Research, Inc.
- Olav Sorenson & Jan W. Rivkin & Lee Fleming, 2010.
"Complexity, Networks and Knowledge Flows,"
Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 15,
Edward Elgar Publishing.
- Sorenson, Olav & Rivkin, Jan W. & Fleming, Lee, 2006. "Complexity, networks and knowledge flow," Research Policy, Elsevier, vol. 35(7), pages 994-1017, September.
- James Bessen & Michael J. Meurer, 2008. "Introduction to Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk," Introductory Chapters, in: Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk, Princeton University Press.
- von Graevenitz, Georg & Wagner, Stefan & Harhoff, Dietmar, 2011.
"How to measure patent thickets--A novel approach,"
Economics Letters, Elsevier, vol. 111(1), pages 6-9, April.
- Graevenitz, Georg von & Wagner, Stefan & Harhoff, Dietmar, 2009. "How to measure patent thickets – a novel approach," Discussion Papers in Business Administration 10962, University of Munich, Munich School of Management.
- Lemley, Mark A & Shapiro, Carl, 2007. "Patent Hold-Up and Royalty Stacking," Competition Policy Center, Working Paper Series qt8638s257, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Richard C. Levin & Alvin K. Klevorick & Richard R. Nelson & Sidney G. Winter, 1987. "Appropriating the Returns from Industrial Research and Development," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 18(3, Specia), pages 783-832.
- Reitzig, Markus, 2003. "What determines patent value?: Insights from the semiconductor industry," Research Policy, Elsevier, vol. 32(1), pages 13-26, January.
- Narin, Francis & Noma, Elliot & Perry, Ross, 1987. "Patents as indicators of corporate technological strength," Research Policy, Elsevier, vol. 16(2-4), pages 143-155, August.
- Narin, Francis & Hamilton, Kimberly S. & Olivastro, Dominic, 1997. "The increasing linkage between U.S. technology and public science," Research Policy, Elsevier, vol. 26(3), pages 317-330, October.
- James Bessen & Michael J. Meurer, 2005. "The Patent Litigation Explosion," Working Papers 0501, Research on Innovation.
- Rosemarie Ham Ziedonis, 2004. "Don't Fence Me In: Fragmented Markets for Technology and the Patent Acquisition Strategies of Firms," Management Science, INFORMS, vol. 50(6), pages 804-820, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Schwiebacher, Franz, 2013. "Does fragmented or heterogeneous IP ownership stifle investments in innovation?," ZEW Discussion Papers 13-096, ZEW - Leibniz Centre for European Economic Research.
- Kwon, Seokbeom & Drev, Matej, 2020. "Defensive Patent Aggregators as Shields against Patent Assertion Entities? Theoretical and Empirical Analysis," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
- Fischer, Timo & Leidinger, Jan, 2014. "Testing patent value indicators on directly observed patent value—An empirical analysis of Ocean Tomo patent auctions," Research Policy, Elsevier, vol. 43(3), pages 519-529.
- Nicolas van Zeebroeck & Bruno van Pottelsberghe de la Potterie, 2011.
"Filing strategies and patent value,"
Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(6), pages 539-561, February.
- van Pottelsberghe de la Potterie, Bruno & van Zeebroeck, Nicolas, 2008. "Filing Strategies and Patent Value," CEPR Discussion Papers 6821, C.E.P.R. Discussion Papers.
- Bruno VAN POTTELSBERGHE & Nicolas VAN ZEEBROECK, 2008. "Filing Strategies and Patent Value," EcoMod2008 23800148, EcoMod.
- Nicolas van Zeebroeck & Bruno Van Pottelsberghe, 2008. "Filing strategies and patent value," Working Papers CEB 08-016.RS, ULB -- Universite Libre de Bruxelles.
- Nicolas van Zeebroeck & Bruno Van Pottelsberghe, 2011. "Filing strategies and patent value," ULB Institutional Repository 2013/60731, ULB -- Universite Libre de Bruxelles.
- Andrew Eckert & Corinne Langinier, 2014.
"A Survey Of The Economics Of Patent Systems And Procedures,"
Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 996-1015, December.
- Eckert, Andrew & Langinier, Corinne, 2014. "A Survey of the Economics of Patent Systems and Procedures," Working Papers 2014-10, University of Alberta, Department of Economics.
- Nicolas van Zeebroeck, 2007. "Patents only live twice: a patent survival analysis in Europe," Working Papers CEB 07-028.RS, ULB -- Universite Libre de Bruxelles.
- Chung, Jiyoon & Lorenz, Annika & Somaya, Deepak, 2019. "Dealing with intellectual property (IP) landmines: Defensive measures to address the problem of IP access," Research Policy, Elsevier, vol. 48(9), pages 1-1.
- Caviggioli, Federico & De Marco, Antonio & Montobbio, Fabio & Ughetto, Elisa, 2020. "The licensing and selling of inventions by US universities," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
- Hsin-Ning Su & Carey Ming-Li Chen & Pei-Chun Lee, 2012. "Patent litigation precaution method: analyzing characteristics of US litigated and non-litigated patents from 1976 to 2010," Scientometrics, Springer;Akadémiai Kiadó, vol. 92(1), pages 181-195, July.
- Antoine Dechezleprêtre & Yann Ménière & Myra Mohnen, 2017.
"International patent families: from application strategies to statistical indicators,"
Scientometrics, Springer;Akadémiai Kiadó, vol. 111(2), pages 793-828, May.
- Antoine Dechezleprêtre & Yann Ménière & Myra Mohnen, 2017. "International patent families: from application strategies to statistical indicators," Post-Print hal-01693881, HAL.
- Antoine Dechezleprêtre & Yann Ménière & Myra Mohnen, 2017. "International patent families: from application strategies to statistical indicators," GRI Working Papers 264, Grantham Research Institute on Climate Change and the Environment.
- Dechezleprêtre, Antoine & Ménière, Yann & Mohnen, Myra, 2017. "International patent families: from application strategies to statistical indicators," LSE Research Online Documents on Economics 69486, London School of Economics and Political Science, LSE Library.
- Cesare Righi & Davide Cannito & Theodor Vladasel, 2023. "Continuing patent applications at the USPTO," Economics Working Papers 1855, Department of Economics and Business, Universitat Pompeu Fabra.
- Cesare Righi & Davide Cannito & Theodor Vladasel, 2023. "Continuing Patent Applications at the USPTO," Working Papers 1382, Barcelona School of Economics.
- Lee, Jong-Seon & Kim, Nami & Bae, Zong-Tae, 2019. "The effects of patent litigation involving NPEs on firms’ patent strategies," Technological Forecasting and Social Change, Elsevier, vol. 149(C).
- Grimpe, Christoph & Hussinger, Katrin, 2008.
"Building and Blocking: The Two Faces of Technology Acquisition,"
ZEW Discussion Papers
08-042, ZEW - Leibniz Centre for European Economic Research.
- Grimpe, Christoph & Hussinger, Katrin, 2009. "Building and Blocking: The Two Faces of Technology Acquisition," ZEW Discussion Papers 08-042 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Caviggioli, Federico & Ughetto, Elisa, 2016. "Buyers in the patent auction market: Opening the black box of patent acquisitions by non-practicing entities," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 122-132.
- Dirk Czarnitzki & Katrin Hussinger & Bart Leten, 2020. "How Valuable are Patent Blocking Strategies?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(3), pages 409-434, May.
- Nicolas van Zeebroeck, 2011.
"The puzzle of patent value indicators,"
Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(1), pages 33-62.
- Nicolas van Zeebroeck, 2007. "The puzzle of patent value indicators," Working Papers CEB 07-023.RS, ULB -- Universite Libre de Bruxelles.
- Nicolas van Zeebroeck, 2011. "The Puzzle of Patent Value Indicators," ULB Institutional Repository 2013/60729, ULB -- Universite Libre de Bruxelles.
- Dietmar Harhoff & Georg von Graevenitz & Stefan Wagner, 2016.
"Conflict Resolution, Public Goods, and Patent Thickets,"
Management Science, INFORMS, vol. 62(3), pages 704-721, March.
- Dietmar Harhoff & Georg von Graevenitz & Stefan Wagner, 2012. "Conflict resolution, public goods and patent thickets," ESMT Research Working Papers ESMT-12-04 (R1), ESMT European School of Management and Technology, revised 25 Mar 2013.
- Dietmar Harhoff & Georg von Graevenitz & Stefan Wagner, 2014. "Conflict Resolution, Public Goods and Patent Thickets," Working Papers 49, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
- Dietmar Harhoff & Georg von Graevenitz & Stefan Wagner, 2013. "Conflict Resolution, Public Goods and Patent Thickets," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-04, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Harhoff, Dietmar & von Graevenitz, Georg & Wagner, Stefan, 2013. "Conflict Resolution, Public Goods and Patent Thickets," CEPR Discussion Papers 9468, C.E.P.R. Discussion Papers.
- Darcy, Jacques & Krämer-Eis, Helmut & Guellec, Dominique & Debande, Olivier, 2009. "Financing technology transfer," EIB Papers 10/2009, European Investment Bank, Economics Department.
- Giuri, Paola & Mariani, Myriam, 2007.
"Inventors and invention processes in Europe: Results from the PatVal-EU survey,"
Research Policy, Elsevier, vol. 36(8), pages 1105-1106, October.
- Giuri, Paola & Mariani, Myriam & Brusoni, Stefano & Crespi, Gustavo & Francoz, Dominique & Gambardella, Alfonso & Garcia-Fontes, Walter & Geuna, Aldo & Gonzales, Raul & Harhoff, Dietmar & Hoisl, Karin, 2007. "Inventors and invention processes in Europe: Results from the PatVal-EU survey," Research Policy, Elsevier, vol. 36(8), pages 1107-1127, October.
More about this item
Keywords
Markets for technology; Patent acquisitions; Patent trolls; Empirical study;All these keywords.
JEL classification:
- M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
- O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:respol:v:41:y:2012:i:9:p:1519-1533. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/respol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.