This thesis investigates the economic effect of patents and the patent system through the lens of patent commercialisation. The thesis is composed of four chapters, where each chapter is an independent scientific paper.In the first chapter, we present a ...
We present a general method for imputing missing information in the Worldwide Patent Statistical Database (PATSTAT) and make the resulting datasets publicly available. The PATSTAT database is the de facto standard for academic research using patent data. C ...
This thesis addresses the question of a patent value from three different angles. It comprises three papers on the patent valuation methods. The patent valuation issues are well-known to the world of research and practice. However, the debates over what th ...
Patent marking is used by patentees to provide a form of notice to the public about the existence of a patent and can increase damages awarded in cases of infringement. Historically, marking is done by listing the associated patents on the product they cov ...
We have constructed a fitness parameter, characterizing the intrinsic attractiveness for patents to be cited, from attributes of the associated inventions known at the time a patent is granted. This exogenously obtained fitness is shown to determine the te ...
Evidence suggests that patents facilitate technology transactions but the reasons for the effect are unclear. Patents may assist trade in technology by either: (i) protecting buyers against the expropriation of the idea (the 'appropriation effect'); or (ii ...
This thesis proposes three studies that provide novel empirical evidence on how different types of VCs' characteristics signal the quality of an entrepreneurial venture and influence investment strategies of funds subject to self-regulation. In the first s ...
This thesis proposes three studies that provide novel empirical evidence on how different types of proximity can affect innovation and science activities through various mechanisms and in different contexts. In the first study (second chapter of this thesi ...
This dissertation consists of three chapters. The first chapter examines whether the availability of credit default swaps (CDS) has consequences for creditor governance. CDSs offer creditors the opportunity to hedge credit risk and may impact their willing ...
This article is inspired by the observation of a massive change of opinion on the part of economists regarding the question of the patent as a mechanism allowing an economically acceptable solution to be found to the so-called “imperfect appropriability” p ...
We develop a dynamic model of corporate investment and financing decisions in which corporate insiders have superior information about the firm's growth prospects. We show that firms with positive private information can credibly signal their type to outsi ...
Patent statistics represent a critical tool for scholars, statisticians and policy makers interested in innovation and intellectual property rights. Many analyses are based on heterogeneous methods delineating the inventors’ or firms’ patent portfolios wit ...
Patent statistics represent a critical tool for scholars, statisticians and policy makers interested in innovation and intellectual property rights. Many analyses are based on heterogeneous methods delineating the inventors' or firms' patent portfolios wit ...