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Lanjouw Schankerman (2004) - Protecting Intellectual Property Rights (view source)
Revision as of 15:58, 22 June 2016
, 15:58, 22 June 2016Created page with "==Reference(s)== Lanjouw, Jean O., and Mark Schankerman. "Protecting intellectual property rights: are small firms handicapped?." Journal of Law and Economics 47.1 (2004): 45-..."
==Reference(s)==
Lanjouw, Jean O., and Mark Schankerman. "Protecting intellectual property rights: are small firms handicapped?." Journal of Law and Economics 47.1 (2004): 45-74.
@article{lanjouw2004protecting,
title={Protecting Intellectual Property Rights: Are Small Firms Handicapped?*},
author={Lanjouw, Jean O and Schankerman, Mark},
journal={Journal of Law and Economics},
volume={47},
number={1},
pages={45--74},
year={2004},
publisher={JSTOR},
filename={Protecting Intellectual Property Rights}
}
==Abstract==
This paper studies the determinants of patent suits and settlements during 1978–99
by linking information from the U.S. patent office, the federal courts, and industry
sources. We find that litigation risk is much higher for patents that are owned by
individuals and firms with small patent portfolios. Patentees with a large portfolio
of patents to trade, or other characteristics that facilitate “cooperative” resolution of
disputes, are much less likely to prosecute infringement suits. However, postsuit
outcomes do not depend on these characteristics. These findings show that small
patentees are at a significant disadvantage in protecting their patent rights because
their greater litigation risk is not offset by more rapid resolution of their suits. Our
empirical estimates of the heterogeneity in litigation risk can help in developing
private patent litigation insurance to mitigate the adverse affects of high enforcement
costs.
==Research question==
Research question:
Litigation risk is much higher for patents that are owned by individuals and firms with
small patent portfolio. Authors try to show that small patentees are at a significant
disadvantage in protecting their patent rights since their greater litigation risk is not
offset by more rapid resolution of their suit.
Lanjouw, Jean O., and Mark Schankerman. "Protecting intellectual property rights: are small firms handicapped?." Journal of Law and Economics 47.1 (2004): 45-74.
@article{lanjouw2004protecting,
title={Protecting Intellectual Property Rights: Are Small Firms Handicapped?*},
author={Lanjouw, Jean O and Schankerman, Mark},
journal={Journal of Law and Economics},
volume={47},
number={1},
pages={45--74},
year={2004},
publisher={JSTOR},
filename={Protecting Intellectual Property Rights}
}
==Abstract==
This paper studies the determinants of patent suits and settlements during 1978–99
by linking information from the U.S. patent office, the federal courts, and industry
sources. We find that litigation risk is much higher for patents that are owned by
individuals and firms with small patent portfolios. Patentees with a large portfolio
of patents to trade, or other characteristics that facilitate “cooperative” resolution of
disputes, are much less likely to prosecute infringement suits. However, postsuit
outcomes do not depend on these characteristics. These findings show that small
patentees are at a significant disadvantage in protecting their patent rights because
their greater litigation risk is not offset by more rapid resolution of their suits. Our
empirical estimates of the heterogeneity in litigation risk can help in developing
private patent litigation insurance to mitigate the adverse affects of high enforcement
costs.
==Research question==
Research question:
Litigation risk is much higher for patents that are owned by individuals and firms with
small patent portfolio. Authors try to show that small patentees are at a significant
disadvantage in protecting their patent rights since their greater litigation risk is not
offset by more rapid resolution of their suit.
