Add to ORKGWe provide theoretical and empirical evidence on the evolution and impact of non-practicing entities (NPEs) in the intellectual property space. Heterogeneity in innovation, given a cost of commercialization, results in NPEs that choose to act as “patent trolls ” that chase operating firms ’ innovations even if those innovations are not clearly infringing on the NPEs ’ patents. We support these predictions using a novel, large dataset of patents targeted by NPEs. We show that NPEs on average target firms that are flush with cash (or have just had large positive cash shocks). Furthermore, NPEs target firm profits arising from exogenous cash shocks unrelated to the allegedly infringing patents. We next show that NPEs target firms irrespective ...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
This article develops a model of patent trolls to understand various litigation strategies employed ...
We provide theoretical and empirical evidence on the evolution and impact of non-practicing entities...
We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigat...
We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigat...
The emergence of nonpracticing entities (NPEs) — firms that purchase and hold patent rights but neit...
The emergence of nonpracticing entities (NPEs) — firms that purchase and hold patent rights but neit...
We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigat...
The last fifteen years has witnessed major and dramatic changes in the world of patent law and paten...
It is widely argued that so-called “patent trolls” are corrupting the U.S. patent system and endange...
It turns out that just about everything we thought about patent trolls – good or bad – is wrong. Usi...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
The United States patent system has increasingly been faced with complications presented by a type o...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
This article develops a model of patent trolls to understand various litigation strategies employed ...
We provide theoretical and empirical evidence on the evolution and impact of non-practicing entities...
We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigat...
We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigat...
The emergence of nonpracticing entities (NPEs) — firms that purchase and hold patent rights but neit...
The emergence of nonpracticing entities (NPEs) — firms that purchase and hold patent rights but neit...
We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigat...
The last fifteen years has witnessed major and dramatic changes in the world of patent law and paten...
It is widely argued that so-called “patent trolls” are corrupting the U.S. patent system and endange...
It turns out that just about everything we thought about patent trolls – good or bad – is wrong. Usi...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
The United States patent system has increasingly been faced with complications presented by a type o...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
Any discussion of flaws in the United States patent system inevitably turns to the system’s modern v...
This article develops a model of patent trolls to understand various litigation strategies employed ...