215
edits
Changes
Jump to navigation
Jump to search
Market of Ideas Research Notes (view source)
Revision as of 16:21, 28 September 2016
, 16:21, 28 September 2016no edit summary
::*Another Serrano paper cited in above Lamoreaux et al, quote from Lamaoreaux:
:::*"Using data on renewals, Serrano calculated that patents that were sold were on average about three times more valuable than those that were not" (Lamoreaux 35)
:::: data from Estimating the Gains from Trade in the Market for Innovation: Evidence from the Transfer of Patents,” NBER Working Paper 17304 (Aug. 2011). [http://www.nber.org/papers/w17304 Link]:::*"In our analysis, the value at age one of a traded patent ($159, 466) is about three times the value at age one of a non-traded patent ($50, 507) (all values are in 2003 US dollars), and about 23% of the patents are traded at least once over their life cycle. The value at age one of a patent was estimated at ($74, 684)." (2011 Serrano Page 4)
