The Dynamics of the Transfer and Renewal of Patents

46 Pages Posted: 17 Apr 2008 Last revised: 3 Aug 2022

See all articles by Carlos J. Serrano

Carlos J. Serrano

Universitat Pompeu Fabra; HEC Paris

Date Written: April 2008

Abstract

This paper explores the dynamics of the transfer of U.S. patents and the significance of the initial missallocation of patent property rights. Here we find that the initial missallocation of patent property rights is large and differs substantially across patentees and technology fields. We also find that the probability of a patent being traded depends on a number of factors - the age of the patent, the number of citations received by a given age, the patent generality and whether the patent has been previously traded or not. We will also analyze and interpret this new evidence using a theoretical model of patent transfers and renewal.

Suggested Citation

Serrano, Carlos J., The Dynamics of the Transfer and Renewal of Patents (April 2008). NBER Working Paper No. w13938, Available at SSRN: https://ssrn.com/abstract=1121730

Carlos J. Serrano (Contact Author)

Universitat Pompeu Fabra ( email )

Ramon Trias Fargas 25-27
Barcelona, 08005
Spain

HOME PAGE: http://https://sites.google.com/site/carlosjserranoweb

HEC Paris ( email )

Paris
France

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