Advanced Search
MyIDEAS: Login to save this paper or follow this series

Filing strategies and patent value

Contents:

Author Info

  • Nicolas van Zeebroeck
  • Bruno Van Pottelsberghe

Abstract

This article contributes to the literature on the determinants of patent value in two ways. First, it introduces a new potential class of value determinants in the form of filing strategies (including filing routes, drafting styles and divisional filings). Second, it provides empirical evidence based on a unique dataset of about 250,000 EPO patents that these strategies are consistently and positively associated with patent value, indicated by six different measures based on citations, families, renewals and oppositions.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/60731/1/2011strategies.pdf
Download Restriction: only accessible to specific communities

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Paper provided by ULB -- Universite Libre de Bruxelles in its series ULB Institutional Repository with number 2013/60731.

as in new window
Length:
Date of creation: 2011
Date of revision:
Publication status: Forthcoming
Handle: RePEc:ulb:ulbeco:2013/60731

Contact details of provider:
Postal: CP135, 50, avenue F.D. Roosevelt, 1050 Bruxelles
Web page: http://difusion.ulb.ac.be
More information through EDIRC

Related research

Keywords:

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Michael Kremer, 1997. "Patent Buy-Outs: A Mechanism for Encouraging Innovation," NBER Working Papers 6304, National Bureau of Economic Research, Inc.
  2. Kremer, Michael R., 1998. "Patent Buyouts: A Mechanism for Encouraging Innovation," Scholarly Articles 3693705, Harvard University Department of Economics.
  3. Bruno Van Pottelsberghe & Dominique Guellec, 2002. "The value of patents and patenting strategies: countries and technology areas patterns," ULB Institutional Repository 2013/6217, ULB -- Universite Libre de Bruxelles.
  4. Jean Olson Lanjouw, 1993. "Patent Protection: Of What Value and for How Long?," NBER Working Papers 4475, National Bureau of Economic Research, Inc.
  5. O'DONOGHUE, Ted & SCOTCHMER, Suzanne & THISSE, Jacques-François, . "Patent breadth, patent life, and the pace of technological progress," CORE Discussion Papers RP, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) -1314, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  6. repec:fth:harver:1473 is not listed on IDEAS
  7. Christine Greenhalgh & Mark Rogers, 2007. "The Value of Intellectual Property Rights to Firms," Economics Series Working Papers 319, University of Oxford, Department of Economics.
  8. Michael Kremer, 1998. "Patent Buyouts: A Mechanism For Encouraging Innovation," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 113(4), pages 1137-1167, November.
  9. Scherer, F. M. & Harhoff, Dietmar, 2000. "Technology policy for a world of skew-distributed outcomes," Research Policy, Elsevier, Elsevier, vol. 29(4-5), pages 559-566, April.
  10. Cremers, Katrin, 2004. "Determinants of Patent Litigation in Germany," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 04-72, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  11. Schneider, Cédric, 2007. "The Determinants of Patent Applications Outcomes - Does Experience Matter?," MPRA Paper 3359, University Library of Munich, Germany.
  12. Teece, David J., 1993. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," Research Policy, Elsevier, Elsevier, vol. 22(2), pages 112-113, April.
  13. Iain Cockburn & Zvi Griliches, 1987. "Industry Effects and Appropriability Measures in the Stock Markets Valuation of R&D and Patents," NBER Working Papers 2465, National Bureau of Economic Research, Inc.
  14. Bruno Van Pottelsberghe & Dominique Guellec, 2001. "The internationalisation of technology analysed with patent data," ULB Institutional Repository 2013/6223, ULB -- Universite Libre de Bruxelles.
  15. Archontopoulos, Eugenio & Guellec, Dominique & Stevnsborg, Niels & van Pottelsberghe de la Potterie, Bruno & van Zeebroeck, Nicolas, 2007. "When small is beautiful: Measuring the evolution and consequences of the voluminosity of patent applications at the EPO," Information Economics and Policy, Elsevier, Elsevier, vol. 19(2), pages 103-132, June.
  16. Suzanne Scotchmer & Jerry Green, 1990. "Novelty and Disclosure in Patent Law," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 131-146, Spring.
  17. William E. Griffiths & Paul H. Jensen & Elizabeth Webster, 2005. "The Effects on Firm Profits of the Stock of Intellectual Property Rights," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne wp2005n04, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  18. Adam B. Jaffe & Manuel Trajtenberg, 2005. "Patents, Citations, and Innovations: A Window on the Knowledge Economy," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 026260065x, December.
  19. Adam B. Jaffe & Manuel Trajtenberg & Michael S. Fogarty, 2000. "The Meaning of Patent Citations: Report on the NBER/Case-Western Reserve Survey of Patentees," NBER Working Papers 7631, National Bureau of Economic Research, Inc.
  20. Lanjouw, Jean Olson, 1998. "Patent Protection in the Shadow of Infringement: Simulation Estimations of Patent Value," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 65(4), pages 671-710, October.
  21. Nancy T. Gallini, 1992. "Patent Policy and Costly Imitation," RAND Journal of Economics, The RAND Corporation, vol. 23(1), pages 52-63, Spring.
  22. Francesca Cornelli & Mark Schankerman, 1999. "Patent Renewals and R&D Incentives," RAND Journal of Economics, The RAND Corporation, vol. 30(2), pages 197-213, Summer.
  23. Palomeras, Neus, 2003. "Sleeping patents: any reason to wake up?," IESE Research Papers, IESE Business School D/506, IESE Business School.
  24. Bruno Van Pottelsberghe & Dominique Guellec, 2004. "Measuring the internationalisation of the generation of knowledge: an approach based on patent data," ULB Institutional Repository 2013/6269, ULB -- Universite Libre de Bruxelles.
  25. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343 National Bureau of Economic Research, Inc.
  26. Colin Webb & Hélène Dernis & Dietmar Harhoff & Karin Hoisl, 2005. "Analysing European and International Patent Citations: A Set of EPO Patent Database Building Blocks," OECD Science, Technology and Industry Working Papers 2005/9, OECD Publishing.
  27. Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2000. "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)," NBER Working Papers 7552, National Bureau of Economic Research, Inc.
  28. Cedric Schneider, 2011. "How important are noncorporate patents? A comparative analysis using patent citations data," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 18(9), pages 865-871.
  29. Carpenter, Mark P. & Narin, Francis & Woolf, Patricia, 1981. "Citation rates to technologically important patents," World Patent Information, Elsevier, Elsevier, vol. 3(4), pages 160-163, October.
  30. F. M. Scherer & Dietmar Harhoff & J, rg Kukies, 2000. "Uncertainty and the size distribution of rewards from innovation," Journal of Evolutionary Economics, Springer, Springer, vol. 10(1), pages 175-200.
  31. Carpenter, Mark P. & Narin, Francis, 1983. "Validation study: Patent citations as indicators of science and foreign dependence," World Patent Information, Elsevier, Elsevier, vol. 5(3), pages 180-185.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Nicolas van Zeebroeck, 2011. "Long Live Patents: the Increasing Life Expectancy of Patent Applications and its Determinants," Review of Economics and Institutions, Università di Perugia, Università di Perugia, vol. 2(3).
  2. Bertoni, Fabio & Tykvová, Tereza, 2013. "Which form of venture capital is most supportive of innovation? Evidence from European biotechnology companies," FZID Discussion Papers 69-2013, University of Hohenheim, Center for Research on Innovation and Services (FZID).
  3. van Zeebroeck, Nicolas & van Pottelsberghe de la Potterie, Bruno & Guellec, Dominique, 2009. "Claiming more: the Increased Voluminosity of Patent Applications and its Determinants," Research Policy, Elsevier, Elsevier, vol. 38(6), pages 1006-1020, July.
  4. Katharine Rockett, 2009. "Property Rights and Invention," Economics Discussion Papers, University of Essex, Department of Economics 663, University of Essex, Department of Economics.
  5. De Rassenfosse, Gaétan & Wastyn, Annelies, 2012. "Selection bias in innovation studies: A simple test," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 12-012, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  6. Gaétan de Rassenfosse & Hélène Dernis & Dominique Guellec & Picci Lucio & Bruno Van Pottelsberghe, 2012. "The worldwide count of priority patents: A new indicator of inventive activity," Working Papers ECARES, ULB -- Universite Libre de Bruxelles ECARES 2012-019, ULB -- Universite Libre de Bruxelles.
  7. Bertoni, Fabio & Tykvová, Tereza, 2012. "Which form of venture capital is most supportive of innovation?," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 12-018, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  8. Caviggioli, Federico & Scellato, Giuseppe & Ughetto, Elisa, 2013. "International patent disputes: Evidence from oppositions at the European Patent Office," Research Policy, Elsevier, Elsevier, vol. 42(9), pages 1634-1646.
  9. Catherine Beaudry & Andrea Schiffauerova, 2011. "Is Canadian intellectual property leaving Canada? A study of nanotechnology patenting," The Journal of Technology Transfer, Springer, Springer, vol. 36(6), pages 665-679, December.
  10. Andrea Schiffauerova & Catherine Beaudry, 2009. "Canadian nanotechnology innovation networks: intra-cluster, inter-cluster and foreign collaboration," Journal of Innovation Economics, De Boeck Université, De Boeck Université, vol. 0(2), pages 119-146.
  11. Ernest Miguelez & Carsten Fink, 2013. "Measuring the International Mobility of Inventors: A New Database," WIPO Economic Research Working Papers, World Intellectual Property Organization - Economics and Statistics Division 08, World Intellectual Property Organization - Economics and Statistics Division, revised May 2013.
  12. repec:wip:wpaper:8 is not listed on IDEAS
  13. Nicolas van Zeebroeck, 2009. "From patent renewals to applications survival: do portfolio management strategies play a role in patent length?," Working Papers CEB, ULB -- Universite Libre de Bruxelles 09-028.RS, ULB -- Universite Libre de Bruxelles.
  14. Nicolas van Zeebroeck, 2009. "Filing strategies and the increasing duration of patent applications," Working Papers CEB, ULB -- Universite Libre de Bruxelles 09-005.RS, ULB -- Universite Libre de Bruxelles.
  15. Ernest Miguélez, 2014. "Inventor Diasporas and the Internalionalization of Technology," CReAM Discussion Paper Series 1425, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ulb:ulbeco:2013/60731. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Benoit Pauwels).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.