Modelling the Duration of Patent Examination at the European Patent Office
34 Pages Posted: 18 Nov 2005
Date Written: October 2005
We analyze the duration of patent examination at the European Patent Office (EPO). Our data contain variables that are correlates of the applicants' and examiners' assessments of a patent's economic and technical relevance as well as ex post-application citation measures which indicate the impact of the patent application on the state of the art. We present descriptive statistics for 30 major technology fields. In our multivariate analysis, we estimate competing risk specifications in order to characterize differences in the processes leading to either a withdrawal of the application by the applicant, a refusal of the patent grant or an actual patent grant by the European Patent Office. Measuring a patent's importance relying on the number of citations by subsequent patents we find that more important patents are approved faster by the EPO than less important patents but that applicants are more hesitant to withdraw these potentially valuable applications.
Keywords: Patents, survival analysis, patent examination, European Patent Office
JEL Classification: C15, C41, D73, O34
Suggested Citation: Suggested Citation