{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Econ 483_Lecture 25_Litigation - Lecture 25 Litigation...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Lecture 25: Litigation & enforcement Econ 483: Economics of Innovation & Technology Evangelia Chalioti University of Illinois at Urbana-Champaign April 22, 2013 Lecture 25: Litigation, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c ° All rights reserved. ,. ,. ,.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Litigation & enforcement IP works by creating exclusion rights to knowledge or information. ) Problem of enforcement Infringement entails that every element of at least one claim is embodied in the o/ending product. Claims: the minimum combination of elements that constitute an invention Lecture 25: Litigation, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c ° All rights reserved. ,. ,. ,.
Background image of page 2
- How can the enforcement problem be solved? - How does it a/ect the equilibrium pro°ts of the parties? Lecture 25: Litigation, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c ° All rights reserved. ,. ,. ,.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Evidence (Lanjouw & Schankerman ±01, ±04) In 1978-1999, the overall litigation rate is about 2 cases per 100 patents. The rate of litigation is much higher than average in computers & biotechnology, & little higher in pharmaceuticals. The more valuable patents in the newer technologies are most likely to be litigated. 95% of °led patent suits are settled before trial. Firms with the largest portfolios of patents have the lower litigation rates.
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}