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来源类型Working Paper
规范类型报告
DOI10.3386/w19647
来源IDWorking Paper 19647
Patent Value and Citations: Creative Destruction or Strategic Disruption?
David S. Abrams; Ufuk Akcigit; Jillian Grennan
发表日期2013-11-14
出版年2013
语种英语
摘要Prior work suggests that more valuable patents are cited more. Using novel revenue data for tens of thousands of patents held by non-practicing entities (NPEs), we find that the relationship between citations and value forms an inverted-U, with fewer citations at the high end of value than in the middle. We explain the inverted-U with a model of innovation that has productive and strategic patents. Empirically, we observe more strategic patents where the model predicts: among inventors in fields of rapid development and where divisional applications are employed. These findings have important implications for our understanding of growth, innovation, intellectual property policy, and patent valuation.
主题Other ; Law and Economics ; Industrial Organization ; Firm Behavior ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w19647
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577321
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David S. Abrams,Ufuk Akcigit,Jillian Grennan. Patent Value and Citations: Creative Destruction or Strategic Disruption?. 2013.
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