Abstract

http://ssrn.com/abstract=2170555
 


 



Do Inventors Value Secrecy in Patenting? Evidence from the American Inventor's Protection Act of 1999


Stuart J. H. Graham


Georgia Institute of Technology - Scheller College of Business; United States Patent and Trademark Office

Deepak Hegde


New York University (NYU) - Leonard N. Stern School of Business

November 2, 2012


Abstract:     
This study examines the revealed preferences of inventors towards secrecy in patenting by analyzing their disclosure choices before and after the enactment of the American Inventor’s Protection Act (AIPA) of 1999. We find that about 7.5% of U.S. patent applications use AIPA’s provisions to keep their inventions secret before patent grant. Small U.S. inventors, in particular, are more likely than large corporations to prefer disclosure over secrecy for their most important inventions. Our findings question the conventional wisdom -- which seems to have shaped important policy -- that the disclosure of patent applications harms U.S. invention by increasing the risk of imitation for small inventors.

Number of Pages in PDF File: 26

Keywords: patents, intellectual property, American Inventor’s Protection Act

JEL Classification: O31, O32, O34

working papers series


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Date posted: November 4, 2012  

Suggested Citation

Graham, Stuart J. H. and Hegde, Deepak, Do Inventors Value Secrecy in Patenting? Evidence from the American Inventor's Protection Act of 1999 (November 2, 2012). Available at SSRN: http://ssrn.com/abstract=2170555 or http://dx.doi.org/10.2139/ssrn.2170555

Contact Information

Stuart J.H. Graham
Georgia Institute of Technology - Scheller College of Business ( email )
800 W. Peachtree Str. NW
Atlanta, GA 30308
United States
404-385-5107 (Phone)
404-894-6030 (Fax)
United States Patent and Trademark Office ( email )
600 Dulany Street
Alexandria, VA 22314
United States
HOME PAGE: http://www.uspto.gov
Deepak Hegde (Contact Author)
New York University (NYU) - Leonard N. Stern School of Business ( email )
44 West 4th Street
New York, NY NY 10012
United States

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