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on Intellectual Property Rights |
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Issue of 2021‒12‒06
one paper chosen by Giovanni Ramello Università degli Studi del Piemonte Orientale “Amedeo Avogadro” |
| By: | Gaetan de Rassenfosse (Ecole polytechnique federale de Lausanne); Paul Jensen (University of Melbourne); T'Mir Julius (University of Melbourne); Alfons Palangkaraya (Swinburne University of Technology); Elizabeth Webster (Swinburne University of Technology) |
| Abstract: | The patent system underpins the business model of some of the fastest-growing companies. Used appropriately, it should support frontier technologies and nurture new firms. Used perniciously, it can stifle innovation and protect established technological behemoths. We analyse patent examination decisions at the American, European, Japanese, Korean, and Chinese patent offices and find evidence that patent attorney firms have a surprisingly large role in the patent system. Patent attorney firm quality is most important, vis-Ã -vis invention quality, in less codified and more rapidly changing technology areas such as software and ICT. Moreover, patent attorney firm quality matters more when invention quality is low. Finally, there is a significant inter-patent office variation, with a greater patent attorney firm quality effect at the USPTO. |
| Keywords: | appropriation; innovation; patent attorney firm; patent system |
| JEL: | K20 L43 O34 |
| Date: | 2021–11 |
| URL: | http://d.repec.org/n?u=RePEc:iip:wpaper:15&r= |