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Economics of Innovation and New Technology

Volume 20, Issue 6, 2011

Abstract

This article contributes to the literature on the determinants of patent value in two ways. First, it introduces a new potential class of value determinants in the form of filing strategies (including filing routes, drafting styles and divisional filings). Second, it provides empirical evidence based on a unique dataset of about 250,000 EPO patents that these strategies are consistently and positively associated with patent value, indicated by six different measures based on citations, families, renewals and oppositions.

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Details

  • Available online: 12 Jan 2011

Author affiliations

  • a Solvay Brussels School of Economics and Management and ECARES, Université Libre de Bruxelles, Brussels, Belgium
  • b Bruegel, Brussels, Belgium

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