Innovation Economics

Tenth Annual Conference on Innovation Economics

Thursday, June 22 - Friday, June 23, 2017

The Searle Center on Law, Regulation, and Economic Growth presents the Tenth Annual Conference on Innovation Economics held at Northwestern Pritzker School of Law, Thursday, June 22, 2016–Friday, June 23, 2017.

Agenda (pdf)


Papers

Creative Destruction and Strategic Protection: Evidence from Pharmaceutical Patenting
Alan C. Marco, Chief Economist, U.S. Patent and Trademark Office
Charles A. deGrazia, U.S. Patent and Trademark Office (ADDX Corporation) and Royal Holloway, University of London

Finding Mr. Schumpeter: An Empirical Study of Competition and Technology Adoption
Jeffrey T. Macher, McDonough School of Business at Georgetown University
Nathan H. Miller, McDonough School of Business at Georgetown University
Matthew Osborne, University of Toronto, Rotman School of Management

Entrepreneurship and the American Dream: How far does the Upward Mobility Ladder Reach?
Sarada, Wisconsin School of Business, University of Wisconsin-Madison
Oana Tocoian, Claremont McKenna College

Entrepreneurial Migration
Jorge Guzman, MIT Sloan School of Management

Patent Assertion Entity Activity: An FTC Study
Julie Carlson, Federal Trade Commission

Pharmaceutical Patent Citations and Real Value
David S. Abrams, University of Pennsylvania Law School
Bhaven N. Sampat, Columbia University, Mailman School of Public Health and NBER

Patents and Cumulative Innovation –Evidence from Post-Grant Patent Oppositions
Fabian Gaessler, Max Planck Institute for Innovation and Competition,
Dietmar Harhoff, Max Planck Institute for Innovation and Competition and Munich School of Management, Ludwig-Maximilians-University, and Centre for Economic Policy Research (CEPR)
Stefan Sorga, Max Planck Institute for Innovation and Competition and Munich Graduate School of Economics, Ludwig-Maximilians-University

Screening for Patent Quality: Examination, Fees and the Courts
Mark Schankerman, London School of Economics and CEPR
Florian Schuett, Tilburg University

Low-Quality Patents in the Eye of the Beholder: Evidence from Multiple Examiners
Gaétan de Rassenfosse, École polytechnique fédérale de Lausanne (EPFL)
Adam B. Jaffe, Motu Economic and Public Policy Research and Queensland University of Technology
Elizabeth Webster, Centre for Transformative Innovation, Swinburne University of Technology

Patent Prosecution and the Timing of Licensing
Ayfer Ali, Carlos III de Madrid
Iain M. Cockburn, Boston University, Questrom School of Business and NBER

The Effect of Patent Protection on Inventor Mobility
Eduardo Melero, Universidad Carlos III de Madrid
Neus Palomeras, Universidad Carlos III de Madrid
David Wehrheim, Universidad Carlos III de Madrid

Who Climbs onto the Shoulders of Giants?  Who Stumbles and Who Sees Farther? Evidence from the Transformative New DNA-Editing Technology, CRISPR
Samantha Zyontz, MIT Sloan School of Management
Neil Thompson, MIT Sloan School of Management

The Causal Effect of Colleges on Local Patenting: Evidence from the Formative Years of U.S. Higher Education, 1870-1940
Michael Andrews, Department of Economics, University of Iowa

Scientific Education and Innovation: From Technical Diplomas to University STEM Degrees
Nicola Bianchi, Kellogg School of Management, Northwestern University
Michela Giorcelli, University of California, Los Angeles

On the Firms’ Decision to Hire Academic Scientists
Sarah Parlane, School of Economics, University College Dublin
Catalina Martínez, Institute of Public Goods and Policies and Spanish National Research Council (CSIC)

Firms’ Innovation Strategy under the Shadow of Analyst Coverage
Bing Guo, Universidad Carlos III de Madrid, Business and Administration Department
David Pérez-Castrillo, Universitat Autònoma de Barcelona and Barcelona GSE
Anna Toldrà-Simats, Universidad Carlos III de Madrid

CEO Evaluation Horizons and Innovation
Lingtian Kong, Rotterdam School of Management, Erasmus University, Department of Finance

Selling Innovation in Bankruptcy
Song Ma, Yale School of Management
Joy Tianjiao Tong, Duke University
Wei Wang, Queen’s University

Large Firm Advantage and Entrepreneurial Disadvantage: How Non-competes Increase Market Concentration
Hyo Kang, Haas School of Business, UC Berkeley
Lee Fleming, Fung Institute for Engineering Leadership, UC Berkeley

Strategic Incentives for Innovations and Market Competition
Evangelia Chalioti, Yale University, Department of Economics
Konstantinos Serfes, Drexel University, School of Economics

Mergers in Innovative Industries: The Role of Product Market Competition
Guillermo Marshall, Department of Economics, University of Illinois at Urbana-Champaign
Álvaro Parra, Sauder School of Business, University of British Columbia

Innovation, Intellectual Property, and the Role of Competition
Jonathan Lee, Queen's University, Department of Economics

The Ties that Bind: Railroad Gauge Standards, Collusion, and Internal Trade in the 19th Century U.S.
Daniel P. Gross, Harvard Business School and NBER

Learning When to Quit
Emanuele Tarantino, University of Mannheim & CEPR
Bernhard Ganglmair, University of Texas at Dallas
Timothy Simcoe, Boston University & NBER

Patent Boxes and the Relocation of Intellectual Property
Laurie Ciaramella, Mines ParisTech, PSL - Research University, CERNA

Does Winning a Patent Race Lead to More Follow-on Innovation?
Neil C. Thompson, MIT Sloan School of Management
Jeffrey M. Kuhn, UC Berkeley Haas School of Business

The Inverse Cournot Effect in Royalty Negotiations with Complementary Patents
Gerard Llobet, CEMFI and CEPR
Jorge Padilla, Compass Lexecon

The Impact of Patent Protection on R&D: Evidence Using Export Markets
Joël Blit, University of Waterloo, Department of Economics
Mauricio Zelaya, NERA Economic Consulting

 


Ninth Annual Conference on Innovation Economics

Thursday, June 23 - Friday, June 24, 2016

Agenda (pdf)

The Searle Center on Law, Regulation, and Economic Growth presents the Ninth Annual Conference on Innovation Economics to be held at Northwestern Pritzker School of Law, Thursday, June 23, 2016–Friday, June 24, 2016.  The conference will feature a Keynote Address on the Economic Research Agenda of the European Patent Office by Yann Ménière, Chief Economist of the European Patent Office

The USPTO is co-sponsoring this conference in conjunction with the Searle Center on Law, Regulation, and Economic Growth.

This conference is organized by Professor Daniel F. Spulber, Research Director of the Searle Center on Law, Regulation, and Economic Growth.  Spulber is the Elinor Hobbs Distinguished Professor of International Business, Professor of Management Strategy, Kellogg School of Management, Professor of Law, Northwestern University School of Law (Courtesy).

This conference is an important component of the Searle Center’s expanded focus on innovation economics. Conference participants will explore the connections between IP, innovation, and entrepreneurship through empirical and theoretical economic and legal analysis. This interdisciplinary conference will be composed of presentations by leading researchers in economics and law, and participating authors will have their papers formally discussed by leading thinkers in the field. In addition, the conference will draw audiences of academics in economics, law, and business, as well as legal and business practitioners, government officials, and public policy makers.

PAPERS

Prominent Investor Influence on Startup CEO Replacement and Performance
Annamaria Conti, Scheller College of Business Georgia Institute of Technology
Stuart J.H. Graham, Scheller College of Business Georgia Institute of Technology

Knowledge Creates Markets: The Influence of Entrepreneurial Support and Patent Rights on Academic Entrepreneurship
Dirk Czarnitzki, KU Leuven, Dept. of Managerial Economics, Strategy; Innovation and Centre for European Economic Research (ZEW)
Thorsten Doherr, University of Luxembourg; Centre for European Economic Research (ZEW)
Katrin Hussinger, University of Luxembourg; Centre for European Economic Research (ZEW); KU Leuven, Dept. of Managerial Economics, Strategy and Innovation
Paula Schliessler, KU Leuven, Dept. of Managerial Economics, Strategy and Innovation; Centre for European Economic Research (ZEW)
Andrew A. Toole, U.S. Patent and Trademark Office

The Life Cycle of Corporate Venture Capital
Song Ma, Yale School of Management

Patents Rights, Innovation and Firm Exit
Alberto Galasso, Rotman School of Management, University of Toronto
Mark Schankerman, London School of Economics and CEPR

Buyer Behavior in Markets for Technology: Technology Proximity between Firm Portfolio and In-Licensed Patents
Ayfer Ali, Universidad Carlos III de Madrid
Iain Cockburn, Questrom School of Business, Boston University

Investment Channels in Innovation and Profit Windfalls from Patent Term Extensions
Shenje Hshieh, UCLA Anderson School of Management

Shared Ownership of Intangible Property Rights: The Case of Patent Co-Assignments
Andrea Fosfuri, Bocconi University and CRIOS
Christian Helmers, Leavey School of Business, Santa Clara University
Catherine Roux, University of Basel

(Crowd)funding Innovation: Financing Constraints, Price Discrimination and Welfare
Praveen Kumar, University of Houston
Nisan Langberg, University of Houston and TAU
David Zvilichovsky, Recanati Business School, Tel Aviv University

Profit-Sharing, Wisdom of the Crowd, and Theory of the Firm
Jiasun Li, George Mason University

Patents as Substitutes for Relationships
Alminas Zaldokas, HKUST
Farzad Saidi, University of Cambridge

The Location of Academic Institutions and Knowledge Flow to Industry: Evidence from Simultaneous Discoveries
Michaël Bikard, London Business School                        
Matt Marx, MIT Sloan School of Management

Licensing Standard Essential Patents with Costly Enforcement
Rafael C. de M. Ferraz, Télécom ParisTech, Department of Economics and Social Sciences, Paris
Marc Bourreau, Télécom ParisTech, Department of Economics and Social Sciences, and CREST-LEI, Paris
Yann Meniere, Chief Economist, European Patent Office

Royalty Stacking and Standard Essential Patents: Theory and Evidence from the World Mobile Wireless Industry
Alexander Galetovic, Universidad de los Andes
Kirti Gupta, Qualcomm Incorporated

Drivers for Companies’ Entry into Standardization
Knut Blind, Technische Universität Berlin, Chair of Innovation Economics
Julius Rauber, Zeppelin University Friedrichshafen

Repeated Interaction in Standard Setting
Pierre Larouche, Tilburg University
Florian Schuett, Tilburg University

Measuring Innovation around the World
Ping-Sheng Koh, Hong Kong University of Science and Technology
David M. Reeb, National University of Singapore
Elvira Sojli, Rotterdam School of Management, Erasmus University
Wing Wah Tham, Erasmus University, Tinbergen Institute

Patent Citations: An Examination of the Data Generating Process
Jeffrey M. Kuhn, Haas School of Business, University of California Berkeley
Kenneth A. Younge, College of Management of Technology, École Polytechnique Fédérale de Lausanne

Does Patent Scope Affect Cumulative Innovation? Evidence from Claim Narrowing During USPTO Examinations
 
(*paper availlable upon request to conference attendees, please email: searlecenter@law.northwestern.edu)
Jeffrey M. Kuhn, Haas School of Business, University of California Berkeley
Benjamin N. Roin, MIT Sloan School of Management
Neil C. Thompson, MIT Sloan School of Management

Standing on the Shoulders of Midgets: Dominant Firms and Innovation Incentives
Luis Cabral, Stern School of Business, New York University

On the Optimal Timing of Innovation and Imitation
Etienne Billette de Villemeur, LEM, Université de Lille
Richard Ruble, EMLYON Business School & GATE-CNRS
Bruno Versaevel, EMLYON Business School & GATE-CNRS

Two Ways to the Top: Patent Races with Multiple Innovation Technologies
Michael J. Andrews, Department of Economics, University of Iowa

Key Success Drivers in Public Research Grants: Funding the Seeds of Radical Innovation in Academia?
David Pérez-Castrillo, Universitat Autonoma de Barcelona and Barcelona GSE
Albert Banal-Estañol, Universitat Pompeu Fabra
Inés Macho-Stadler, Universitat Autonoma de Barcelona and Barcelona GSE

The Demographics of Inventors in the Historical United States
Sarada, Wisconsin School of Business, University of Wisconsin-Madison
Michael J. Andrews, Department of Economics, University of Iowa
Nicolas L. Ziebarth
, University of Iowa and NBER

Tort Reform and Innovation
Alberto Galasso, Rotman School of Management, University of Toronto
Hong Luo, Harvard Business School

Privatization and Innovation: Productivity, New Products, and Patents in China
Yuyu Chen, Peking University Guanghua School of Management
Mitsuru Igami, Yale University, Department of Economics
Mo Xiao, University of Arizona Eller College of Management



View past Entrepreneurship and Innovation Conferences

For more information regarding this conference or other initiatives of the Searle Center, please call (312) 503-1811 or send an email to searlecenter@law.northwestern.edu.