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- W2000649342 abstract "The value of an innovation to the innovator can change over time, especially in response to changes in the legal protection (such as patent rights) afforded the innovator. A proven-valid-and-infringed patent is a more valuable economic commodity than is an untested patent. The increase in value can be estimated using the success rate of patent lawsuits. Using a database of the outcomes of U.S. patent litigation, we find that plaintiffs win patent litigation some 45% of the time at the trial court level. This has implications both for patent damages awards and for the incentives to innovate." @default.
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- W2000649342 date "2004-03-01" @default.
- W2000649342 modified "2023-09-30" @default.
- W2000649342 title "Royalties, evolving patent rights, and the value of innovation" @default.
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- W2000649342 doi "https://doi.org/10.1016/s0048-7333(03)00088-x" @default.
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