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Title:The economics of pending patents PDF Logo
Authors:Koenen, Johannes
Peitz, Martin
Issue Date:2011
Series/Report no.:CESifo working paper: Industrial Organisation 3657
Abstract:We provide a treatment of a number of questions pertaining to pending patents - a subject that has so-far mainly been discussed en-passant in the existing literature. We present the underlying institutional and legal framework that governs pending patents and some basic facts related to them. Then, we focus on the strategic considerations of firms in the earliest stage of the patenting process and the interplay with the patent office. This is followed by considering the perspective of the patent and trademark offices (PTOs), in particular, acknowledging the limited resources that are available to PTOs. Finally, we investigate the potential abuse of pending patents and the role of reputation of patenting firms.
Subjects:patenting
pending patents
innovation
patent office overload
patent inspection
grant delays
JEL:L24
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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