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• W2123456937 abstract "Settlement outcomes in patent litigation are modeled as resulting from strategies pursued by firms with their patented technologies. Hypotheses are derived for two types of influences: the use of patents as isolating mechanisms to protect valuable strategic stakes, and their ‘defensive’ role in obtaining access to external technologies through mutual hold-up. Parameter estimates from a sample selection probit model provide support for the strategic stakes hypotheses, while the evidence for mutual hold-up is inconclusive. Interindustry comparisons show that nonsettlement of patent suits in both research medicines and computers is increased by strategic stakes and, in addition, mutual hold-up appears to play an important role in computer patent suits. Copyright © 2003 John Wiley & Sons, Ltd." @default.
• W2123456937 created "2016-06-24" @default.
• W2123456937 creator A5050983863 @default.
• W2123456937 date "2002-01-01" @default.
• W2123456937 modified "2023-10-14" @default.
• W2123456937 title "Strategic determinants of decisions not to settle patent litigation" @default.
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• W2123456937 doi "https://doi.org/10.1002/smj.281" @default.
• W2123456937 hasPublicationYear "2002" @default.
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