Strategic Patent Acquisitions
30 Pages Posted: 3 Jul 2013 Last revised: 1 Jan 2015
Date Written: July 2, 2013
We report data on patent litigation activity initiated by patent assertion entities and discuss the tactics used by these entities to monetize the patents they acquire. We develop a simple economic model to evaluate the effect of enhanced patent monetization on innovation and on consumers. We then study the economic effects of several different categories of patent acquisitions based on the type of seller, the type of buyer, and the patent portfolio involved.
Keywords: patents, innovation, competition
JEL Classification: K21, L40, O31, O34
Suggested Citation: Suggested Citation