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How Valuable are the Patents Behind Section 337 Cases?

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  • Catherine Y. Co

Abstract

A US patent protects the owner of the intellectual property from imitators producing in the US and foreign imitators selling in the US market. There are two venues for filing infringement cases against international infringement of US patents, with the International Trade Commission (ITC) using Section 337 of the Tariff Act of 1930 or with federal district courts. Three indicators of patent value suggest that patents litigated under Section 337 are on average more valuable; however, their values tend to be more variable. The latter suggests that some firms may be using Section 337 not for protection against international infringement of US patents but for protection against imports.

Suggested Citation

  • Catherine Y. Co, 2004. "How Valuable are the Patents Behind Section 337 Cases?," The World Economy, Wiley Blackwell, vol. 27(4), pages 525-539, April.
    • Handle: RePEc:bla:worlde:v:27:y:2004:i:4:p:525-539
    DOI: 10.1111/j.0378-5920.2004.00612.x
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    References listed on IDEAS

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    Cited by:

    1. Brander, James A. & Spencer, Barbara J., 2023. "Intellectual property infringement by foreign firms: Import protection through the ITC or court," Journal of International Economics, Elsevier, vol. 140(C).
    2. Chihcheng Lo, 2015. "Institutional Void And The Evolution Of Appropriability Regime - The Case Of The Transition Of Intellectual Property Rights Policy In Taiwan," Proceedings of Business and Management Conferences 2303747, International Institute of Social and Economic Sciences.

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