Private value of patent right and patent infringement: An empirical study based on patent renewal data of china

China Economic Review

Volumn 28, Issue , 2014, Pages 37-54

  Zhang, Gupeng ^a   Lv, Xiaofeng ^b   Zhou, Jianghua ^c  

^a UNIVERSITY OF CHINESE ACADEMY OF SCIENCES   (China)

^b SOUTHWESTERN UNIVERSITY OF FINANCE AND ECONOMICS   (China)

^c BEIJING NORMAL UNIVERSITY   (China)

Author keywords

Patent infringement; Patent right; Private value; Renewal period

Indexed keywords

EID: 84890050523     PISSN: 1043951X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.chieco.2013.11.004     Document Type: Article

References (38)

1. Auriol E., Biancini S., Paillacar R. Intellectual property rights protection in developing countries. ESTG Working Paper No. 396 2012.
2. Barney J.A. A study of patent mortality rates: Using statistical survival analysis to rate and value patent assets. AIPLA Quarterly Journal 2002, 30:317-352.
3. Baudry M., Dumont B. Patent renewals as options: Improving the mechanism for weeding out lousy patents. Review of Industrial Organization 2006, 28:41-62.
4. Bessen J. The value of US patents by owner and patent characteristics. Research Policy 2008, 37:932-945.
5. Chen Y., Puttitanun T. Intellectual property rights and innovation in developing countries. Journal of Development Economics 2005, 78:474-493.
6. Cornelli F., Schankerman M. Patent renewals and R&D incentives. RAND Journal of Economics 1999, 30:197-213.
7. Deng Y. Private value of European patents. European Economic Review 2007, 51:1785-1812.
8. Deng Y. A dynamic stochastic analysis of international patent application and renewal processes. International Journal of Industrial Organization 2011, 29:766-777.
9. Donoghue T., Scotchmer S., Thisse J. Patent breadth, patent life, and the pace of technological progress. Journal of Economics and Management Strategy 1998, 7:1-32.
10. Gallini N. Patent length and breadth with costly imitation. RAND Journal of Economics 1992, 44:52-63.
11. Goldberg P.K. Alfred Marshall lecture intellectual property rights protection in developing countries: The case of pharmaceuticals. Journal of the European Economic Association 2010, 8(2-3):326-353.
12. Grönqvist C. Empirical studies on the private value of Finnish patents 2009, Bank of Finland Publications.
13. Harhoff D., Scherer F.M., Vopel K. Citations, family size, opposition and the value of patent rights. Research Policy 2003, 32:1343-1363.
14. Harhoff D., Scherer F.M., Vopel K. Exploring the tail of patented invention value distributions. Economics, Law and Intellectual Property 2003, 279-309. Kluwer Academic Publishers, The Netherlands. G. Ove (Ed.).
15. Huang C. Estimates of the value of patent rights in China. UNU-MERIT Working Paper 2012.
16. Klemperer P. How broad should the scope of antibiotics patents be?. RAND Journal of Economics 1990, 21:113-130.
17. Lai M.Y., Wang H., Zhu S.J. Double-edged effects of the technology gap and technology spillovers: Evidence from the Chinese industrial sector. China Economic Review 2009, 20:414-424.
18. Langinier C., Marcoul P. Contributory infringement rule and patents. Journal of Economic Behavior and Organization 2009, 70:296-310.
19. Lanjouw J.O. Patent protection in the shadow of infringement: Simulation estimations of patent value. Review of Economic Studies 1998, 65:671-710.
20. Lanjouw J.O., Pakes A., Putnam J. How to count patents and value intellectual property: The uses of patent renewal and application data. Journal of Industrial Economics 1998, 46:405-432.
21. Lanjouw J.O., Schankerman M. Characteristics of patent litigation: A window on competition. RAND Journal of Economics 2001, 32:129-151.
22. Marco A.C. The option value of patent litigation: Theory and evidence. Review of Financial Economics 2005, 14:323-351.
23. Maurseth P. Lovely but dangerous: The impact of patent citations on patent renewal. Economics of Innovation and New Technology 2005, 14:351-374.
24. Pakes A. Patents as options: Some estimates of the value of holding European patent stocks. NBER working paper No. 1340 1984.
25. Pakes A. Patents as options: Some estimates of the value of holding European patent stocks. Econometrica 1986, 54:755-784.
26. Pakes A., Schankerman M. The rate of obsolescence of patents, research gestation lags, and the private rate of return to research resources. R&D, Patents and Productivity 1984, University of Chicago Press for the NBER, Chicago. Z. Griliches (Ed.).
27. Priest E. The future of music and film piracy in China. Berkeley Technology Law Journal 2006, 21:796-870.
28. Putnam J. The value of international patent protection 1996, (PhD Thesis), Yale University.
29. Schankerman M. How valuable is patent protection: Estimates by technology fields. RAND Journal of Economics 1998, 29:77-107.
30. Schankerman M., Pakes A. Estimates of the value of patent rights in the European countries during the post-1950 period. Economic Journal 1986, 96:1052-1076.
31. Schmoch U. Concept of a technology classification for country comparisons. Report to the World Intellectual Property Organization (WIPO) 2008.
32. Serrano C.J. The Market for intellectual property: Evidence from the transfer of patents. University of Minnesota Working Paper 2005.
33. Sullivan R.J. Estimates of the value of patent rights in Great Britain and Ireland, 1852-1876. Economica 1994, 61:37-58.
34. USTR (United States Trade Representative) Special 301 Report, 30, April 2009.
35. Yiannaka A., Fulton M. Getting away with robbery? Patenting behavior with the threat of infringement. Journal of Economics and Management Strategy 2011, 20:625-648.
36. Zhang G.P., Chen X.D. The variation effect of patent system based on invention patents. Science Research Management 2011, 33:110-119. (In Chinese).
37. Zhang G.P., Chen X.D. The value of invention patents in China: Country origin and technology field differences. China Economic Review 2012, 23:357-370.
38. Zhang G.P., Chen X.D. A comparison of patent values between corporations and research institutes based on patent renewal period. China Economic Quarterly 2012, 11:1403-1426. (In Chinese).