The Determinants of Patent Applications Outcomes - Does Experience Matter?

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The Determinants of Patent Applications Outcomes - Does Experience Matter?

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dc.contributor.author Schneider, Cédric en_US
dc.date.accessioned 2009-02-04T10:28:15Z
dc.date.available 2009-02-04T10:28:15Z
dc.date.issued 2007-12-04T00:00:00Z en_US
dc.identifier.uri http://hdl.handle.net/10398/7693
dc.description.abstract The aim of this paper is to study the determinants of the outcomes of patent applications (withdrawal, refusal or grant). The application process at the European Patent O¢ ce is modelled in three stages, using a Trivariate Probit model with double selectivity correction in order to test whether the applicants patenting history has an eect on the outcome of the current application. I investigate the behavior of the applicant after the patent o¢ ce has established the "state of the art", a precondition to an invention being patentable. The main results are (i) rms with large patents portfolios act following a "trial and error" strategy, by applying for large numbers of patents and thereafter waiting for the patent o¢ ce s nal decision when the expected probability of grant is high, (ii) the technological importance of a patent is a crucial determinant of a successful application grant, (iii) a withdrawal is to be regarded as an expected refusal, since applicants tend to withdraw their applications when there is evidence that the inventions cannot be considered to be novel or to involve an inventive step. patents, intellectual property rights en_US
dc.format.extent 39 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Discussion paper;2007-12 en_US
dc.title The Determinants of Patent Applications Outcomes - Does Experience Matter? en_US
dc.type wp en_US
dc.accessionstatus modt07dec04 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Centre for Economic and Business Research en_US
dc.contributor.departmentshort CEBR en_US
dc.contributor.departmentuk Centre for Economic and Business Research en_US
dc.contributor.departmentukshort CEBR en_US
dc.idnumber x656555504 en_US
dc.publisher.city København en_US
dc.publisher.year 2007 en_US


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