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→Calculating Expiration
Letting last renewal number R = 1,2,3, and renewal to full term F = 0,1, I will therefore be using the following rules of thumb:
*appyear < 1981, expyear = gyear + 17
*1981 <= appyear <= 1995, expyear = gyear + 4 + 4*R + 51*F *1995 < appyear <= 2020, :** if F=0 expyear = appyear gyear + 4 + 4*R + 8**if F=1 expyear = appyear + 20
In the cases when I don't have data on renewals for a patent filed after 1980, I will assume renewal to full term. The vast majority of these data points will be for patents that haven't yet had to renew (a first/second/third time). Thus they are valid beyond the end of my sample.
