The Selection Effects (and Lack Thereof) in Patent Litigation: Evidence from Trials
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| 024 | 7 | 0 | |a 10.2202/1538-0653.1226 |2 doi |
| 035 | |a (NATIONALLICENCE)gruyter-10.2202/1538-0653.1226 | ||
| 100 | 1 | |a Marco |D Alan C. |u 1Vassar College, marcoa@wlu.edu | |
| 245 | 1 | 4 | |a The Selection Effects (and Lack Thereof) in Patent Litigation: Evidence from Trials |h [Elektronische Daten] |c [Alan C. Marco] |
| 520 | 3 | |a Using a selection corrected probit, I estimate the probability that patents will be found valid and infringed at trial. I combine for the first time detailed adjudication data with detailed patent data. I find that the selection effects for validity adjudications and infringement adjudications differ systematically. Additionally, infringement estimates do not appear to suffer from a substantial selection bias. The results highlight the importance of correctly specifying the selection mechanism in policy analysis. In contrast with previous studies, I find that the win rate for patents that go to trial is biased towards 50%. The bias is much more substantial for validity decisions, where I find unconditional win rates of 75% for adjudicated patents and 85% for matched patents. Win rates conditional on adjudication are below 60%. | |
| 540 | |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston | ||
| 690 | 7 | |a Patent Litigation |2 nationallicence | |
| 690 | 7 | |a Selection |2 nationallicence | |
| 690 | 7 | |a Patent Value |2 nationallicence | |
| 773 | 0 | |t Topics in Economic Analysis & Policy |d De Gruyter |g 4/1(2004-09-13) |q 4:1 |1 2004 |2 4 |o bejeap | |
| 856 | 4 | 0 | |u https://doi.org/10.2202/1538-0653.1226 |q text/html |z Onlinezugriff via DOI |
| 908 | |D 1 |a research article |2 jats | ||
| 950 | |B NATIONALLICENCE |P 856 |E 40 |u https://doi.org/10.2202/1538-0653.1226 |q text/html |z Onlinezugriff via DOI | ||
| 950 | |B NATIONALLICENCE |P 100 |E 1- |a Marco |D Alan C. |u 1Vassar College, marcoa@wlu.edu | ||
| 950 | |B NATIONALLICENCE |P 773 |E 0- |t Topics in Economic Analysis & Policy |d De Gruyter |g 4/1(2004-09-13) |q 4:1 |1 2004 |2 4 |o bejeap | ||
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