This thesis investigates the economic effect of patents and the patent system through the lens of patent commercialisation. The thesis is composed of four chapters, where each chapter is an independent scientific paper.In the first chapter, we present a ...
Description (through texts, images, models or samples) played a central role in the patent regimes that emerged in the eighteenth century, first in England, later in the United States and in France. Description ensured that the contract—protection in excha ...
This paper assesses the extent to which the international migration of inventors affects innovation in the receiving country. Drawing on a novel database that maps the migratory patterns of inventors, we exploit the end of the Soviet Union and the conseque ...
By the end of the 19th century, an international order had emerged for patents, allowing business actors to use patents in many countries concurrently, and thus supporting a new phase in the development of industrial capitalism. Centered on Europe in spite ...
Ne connaissant pas de loi sur les brevets d’invention avant 1888, la Suisse du XIXe siècle suit une trajectoire originale en Europe de l’Ouest. La première législation exclut les substances et les procédés chimiques par une clause qui ne paraît pas moins s ...
As an important policy instrument for guiding innovation, the patent system involves a long-standing tension between creating economic rewards for the original innovators and stifling subsequent R&D activities. The availability of new data allows us to pro ...
Inventions of foreign origin are about ten percentage points less likely to be granted a U.S. patent than domestic inventions. An empirical analysis of 1.5 million U.S. patent applications identifies three systematic differences between foreign and domesti ...
Economic interpretations, in particular the lens of the Industrial Revolution, have strongly influenced our understanding of the rise of intellectual property. This article examines the political origins of the 1791 patent law in France, which is usually s ...
This thesis addresses the question of a patent value from three different angles. It comprises three papers on the patent valuation methods. The patent valuation issues are well-known to the world of research and practice. However, the debates over what th ...
The U.S. government invests more than $50 billion per year in R&D procurement but we know little about the outcomes of these investments. We have traced all the patents arising from government funding since the year 2000. About 1.5 percent of all R&D procu ...
In 1791, the Loi relative aux découvertes utiles instituted a new patent system in France. Because patents were seen as the expression of the natural right of inventors, prior examination was abolished. However, only a few years after the law was passed, a ...
We have constructed a fitness parameter, characterizing the intrinsic attractiveness for patents to be cited, from attributes of the associated inventions known at the time a patent is granted. This exogenously obtained fitness is shown to determine the te ...
This paper studies the interplay between two defining features of technology-based firms: licensing as a commercialization strategy and the reliance on equity financing. Within the context of an IPO, we argue that the technology commercialization strategy ...
Evidence suggests that patents facilitate technology transactions but the reasons for the effect are unclear. Patents may assist trade in technology by either: (i) protecting buyers against the expropriation of the idea (the 'appropriation effect'); or (ii ...
Starting a new venture is arguably an exciting journey into previously unknown territories. Since entrepreneurs, through their economic activities, are central to social prosperity, academic research has a strong interest to understand who those entreprene ...