Continuing Patent Applications and Performance of the U.S. Patent and Trademark Office as of Fiscal Year 2016

Cotropia, Christopher Anthony; Quillen, Cecil D.

doi:10.2139/ssrn.3014762

Cited by 3 publications

(3 citation statements)

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“…However, patent grants have less impact, conditioning on applications. This finding is not uncommon -given the high effective grant rate at the USPTO (Quillen et al 2003;Cotropia and Quillen 2017), the additional information from the grant may not add much, contrary to the Farre-Mensa et al findings. However, it does call into question the role of the patent office in certifying the invention quality.…”

Section: Impact Of Patenting On Obtaining Financementioning

confidence: 86%

Is there a role for patents in the financing of new innovative firms?

Hall

2019

Industrial and Corporate Change

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It is argued by many that one of the benefits of the patent system is that it creates a property right to invention that enables firms to obtain financing for the development of that invention. In this paper, I review the reasons why ownership of knowledge assets might be useful in attracting finance and then survey the empirical evidence on patent ownership and its impact on the ability of firms to obtain further financing at different stages of their development, both starting up and after becoming established. Studies that attempt to separately identify the role of patent rights and the underlying quality of the associated innovation(s) will be emphasized, although these are rather rare.

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Section: Impact Of Patenting On Obtaining Financementioning

confidence: 86%

Is there a role for patents in the financing of new innovative firms?

Hall

2019

Industrial and Corporate Change

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“…Therefore, this adoption in the US ''can achieve substantial net welfare gains'' by reducing the social costs of invalid patents. 215 207 Cotropia andQuillen (2001), pp. 18-19.…”

Section: Post-grant Proceeding Reformmentioning

confidence: 99%

“…Cotropia and Quillen (2001), criticizing the policy behind a striking increase of allowance rates for impeding the quality of patents. 11 See Sect.…”

mentioning

confidence: 99%

Patent Quality: A Critique of the State of the Discussion

Liu

2024

IIC

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Despite decades of research and debate, the narrative that low-quality patents stifle innovation remains fraught with controversy. It is called into question because the term “patent quality” seems to be a potential misnomer, and reforms to improve patent quality are ineffective. The purpose of this study is to offer a comparative critique of the debate regarding patent quality in the European Union and the United States. It investigates five factors relating to the history of this debate, contested definitions, measurements of quality, proposals that are not implemented, and reforms that are implemented. The main contribution of this paper is to review how the debate has been constructed, indicating that certain arguments seem to talk past each other and consensus is hard to reach, that measurements are flawed, and that proposals and reforms seeking improvement seem to be treating the symptoms but not the disease. The study argues that the debate encounters a conceptual predicament characterized by substantively different conceptions of patent quality, which are influenced by differing normative expectations and assessments of patent systems. It transforms a potentially useful analytical concept into a rabbit hole. Any attempts to break the current impasse must begin with an appreciation of the different senses in which patent quality is used and an assessment of the legitimacy of their underlying normative frameworks.

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Is There a Role for Patents in the Financing of New Innovative Firms?

Hall

2018

SSRN Journal

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Continuing Patent Applications and Performance of the U.S. Patent and Trademark Office as of Fiscal Year 2016

Cited by 3 publications

References 1 publication

Is there a role for patents in the financing of new innovative firms?

Is there a role for patents in the financing of new innovative firms?

Patent Quality: A Critique of the State of the Discussion

Is There a Role for Patents in the Financing of New Innovative Firms?

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