Innovation Economics

Thirteenth Annual USPTO/Kellogg School of Management/Northwestern Center on Law, Business, and Economics Conference on Innovation Economics

August 27-28, 2020

This year's conference has been rescheduled for Thursday, August 27-Friday, August 28, 2020. 

The Northwestern University Center on Law, Business, and Economics presents the Thirteenth Annual Conference on Innovation Economics to be held at Northwestern Pritzker School of Law, Thursday, August 27, 2020 – Friday, June 28, 2020.  The USPTO is co-sponsoring this conference in conjunction with the Kellogg School of Manageent and the Northwestern Center on Law, Business, and Economics.  This conference is organized by Daniel F. Spulber, Kellogg School of Management, Northwestern University.

Agenda (pdf)

Participant Bios (pdf)

 

WebEx Registration

There is no registration fee for this conference.  To register, please visit the following registration link. 

https://northwestern.webex.com/northwestern/onstage/g.php?PRID=4849737c1eb57335cef3f6501af4ad77

 

Conference Papers

 

Session One — Intellectual Property

Effect of Technical Competition on Patent Collateralization for Debt Financing
Tianyuan Cai, Pomona College

Borrowing against the (Un)Known: The Value of Patent Portfolios
David Heller, Max Planck Institute for Innovation and Competition
Andrej Gill, Department of Economics and Business Administration, Johannes Gutenberg University Mainz

Examination Incentives, Learning, and Patent Office Outcomes: The Use of Examiner's Amendments at the USPTO
Charles A. W. de Grazia, University of London, Royal Holloway College and United States Patent and Trademark Office
Nicholas A. Pairolero, United States Patent and Trademark Office
Mike H. M. Teodorescu, Boston College, Carroll School of Management and Harvard Business School

Network-Mediated Knowledge Spillovers in ICT/Information Security
Neil Gandal, Berglas School of Economics, Tel Aviv University
Nadav Kunievsky, Department of Economics, The University of Chicago
Lee Branstetter, Carnegie Mellon University, Heinz College

 

Session Two — International Aspects of Innovation

Cross-Border Institutions and the Globalization of Innovation
Bo Bian, Sauder School of Business, University of British Columbia
Jean-Marie Meier
, University of Texas at Dallas, Jindal School of Management
Ting Xu
, University of Virginia, Darden School of Business

GDPR (Europe’s General Data Protection Regulation) and the Localness of Venture Investment
Liad Wagman, Stuart School of Business, Illinois Institute of Technology
Jian Jia, Stuart School of Business, Illinois Institute of Technology
Ginger Zhe Jin
, University of Maryland

Patent Litigation in the Beijing Courts: The Impact of Party Nationality and Procedural Reform
Jin Cao, Norges Bank, the Central Bank of Norway
Chenguo (Coco) Zhang, KoGuan Law School, Shanghai Jiao Tong University; and Centre for European Law and Politics, University of Bremen


Session Three — Public Policy toward Technology Standards

Cooperation, Competition and Patents: Understanding Innovation in the Telecommunication Sector
Tatiana Rosa, CEMFI

Standard Setting Organizations and Networked Oligopolies in General Equilibrium
Avik Chakrabarti, Department of Economics, University of Wisconsin, Milwaukee
Hamid Beladi, University of Texas at San Antonio

A Tale of Two IPs in China: Linking Intellectual Property and Industrial Policy Through Standard Essential Patents
Philip Rogers, UC Berkeley Political Science Department

 

Session Four— Panel Discussion on Prospects for the Protection of Intellectual Property Rights

A 'Primarily Property' Presumption Is – Still – Really Needed for the IP/Antitrust Interface
Lawrence J. White, New York University, Leonard N. Stern School of Business, Department of Economics

 

Session Five— The Market for Patents and Patent Licensing

When Do Firms Trade Patents?
Jung H. Kwon, Jindal School of Management, University of Texas at Dallas
H. Dennis Park, Jindal School of Management, University of Texas at Dallas
Shu Deng,
Jindal School of Management, University of Texas at Dallas

A Theory of Patent Holdout
Gerard Llobet, CEMFI and CEPR
Jorge Padilla, Compass Lexecon

Compete or Cooperate? The Effect of Patent Protection on Licensing Decisions of Inventors
Honggi Lee, The Fuqua School of Business, Duke University

Collective Licensing and Asymmetric Information: The Double Effect of the Medicine Patent Pool on Generic Drug Markets
Arianna Martinelli, Scuola Superiore Sant'Anna, Pisa
Andrea Mina, Scuola Superiore Sant'Anna, Pisa
Elena Romito, Scuola Superiore Sant'Anna, Pisa

  

Session Six IP and Innovation

Institutional Ownership and the Strategic Drafting of Patents
Aneesh Datar, Bocconi University, Department of Management and Technology
Mario Daniele Amore, Bocconi University, Department of Management and Technology
Andrea Fosfuri, Bocconi University, Department of Management and Technology 

Do Patents Enable Disclosure? Evidence from the Invention Secrecy Act
Gabriele Pellegrino, College of Management of Technology, Ecole Polytechnique Federale de Lausanne
Gaetan de Rassenfosse, College of Management of Technology, Ecole Polytechnique Federale de Lausanne
Emilio Raiteri, School of Innovation Sciences, Eindhoven University of Technology 

The Quality of Innovation “Booms” During “Busts”
Erin McGuire, Scheller College of Business, Georgia Institute of Technology
Christos Makridis, Massachusetts Institute of Technology 

Patent Auctions and Bidding Coalitions: Structuring the Sale of Club Goods
Mariagiovanna Baccara, Olin School of Business, Washington University in Saint Louis
John Asker, Department of Economics, University of California in Los Angeles
SangMok Lee
, Department of Economics, Washington University in St. Louis

 

Session Seven Panel Discussion on Antitrust Policy and Intellectual Property

Antitrust and Intellectual Property Rights:  An FTC Perspective
Alden F. Abbott, General Counsel, U.S. Federal Trade Commission

 


 

 

Twelfth Annual Conference on Innovation Economics

June 20-21, 2019

Agenda (pdf)

 

The Northwestern University Center on Law, Business, and Economics presents the Twelfth Annual Conference on Innovation Economics to be held at Northwestern Pritzker School of Law, Thursday, June 20, 2019 – Friday, June 21, 2019.  The USPTO is co-sponsoring this conference in conjunction with the Northwestern Center on Law, Business, and Economics.

The conference will feature a Keynote Address by Bruce Kobayashi, Director, Bureau of Economics, U.S. Federal Trade Commission, on “Innovation, Antitrust, and Regulation.”

 

REGISTRATION

There is no registration fee for this conference, but attendance is by invitation only. To request an invitation, please send a message with your name, affiliation, and complete professional contact information to clbe@law.northwestern.edu.

 

Conference Papers

Session One—Products and Innovation

Find and Replace: R&D Investment Following the Erosion of Existing Products
Richard T. Thakor, University of Minnesota, Carlson School of Management
Joshua L. Krieger, Harvard Business School
Xuelin Li, University of Minnesota, Carlson School of Management

The Impact of Product Market Characteristics on Firms’ Strategies in Patent Litigation
Danmo Lin, Warwick Business School, Warwick University
Du Liu, Warwick Business School, Warwick University
Elizabeth Whalley, Warwick Business School, Warwick University

Rushed Innovation: Reactive Licensing in the Pharmaceutical Industry
Manuel Hermosilla, The Johns Hopkins Carey Business School

Revisiting the Effect of Patents on Emerging Markets:Evidence From India
Chirantan Chatterjee, Hoover Institution, Stanford University and IIM Ahmedabad
Carlos Inoue, Rotman School of Management, University of Toronto
Anita M. McGahan, Rotman School of Management, University of Toronto

 

Session Two—Science and Innovation

Running with (CRISPR) Scissors: Tool Adoption and Team Assembly
Samantha Zyontz, Massachusetts Institute of Technology, Sloan School of Management

The Effects of Patent Rights on University Science
Laurent Bergé, CREA, Université du Luxembourg-
Thorsten Doherr, Centre for European Economic Research (ZEW)
Katrin Hussinger, Université du Luxembourg and Centre for European Economic Research (ZEW)

  

Parallel Session Three A—Patents and Standards

Approximating the Standard Essentiality of Patents – A Semantics-Based Analysis
Lorenz Brachtendorf, Max Planck Institute for Innovation and Competition; Munich School of Management, Ludwig-Maximilians-University (LMU)
Fabian Gaessler, Max Planck Institute for Innovation and Competition; TUM School of Management, Technical University of Munich
Dietmar Harhoff, Max Planck Institute for Innovation and Competition; Munich School of Management, Ludwig-Maximilians-University (LMU); Centre for Economic Policy Research (CEPR)

Standard Setting Organizations and Cross-Border Mergers & Acquisitions in General Oligopolistic Equilibrium
Avik Chakrabarti, Department of Economics, University of Wisconsin, Milwaukee
Anjishnu Banerjee, Division of Biostatistics, University of Wisconsin, Milwaukee

Predicting Administrative Patent Challenges
Brendan Costello, Yale Law School
Talia Bar, Department of Economics, University of Connecticut

Prioritized Examination and its Impact on Commercialization of Patents
Taras Hrendash, Center for Economic Research and Graduate Education – Economics Institute (CERGE-EI)

 

Parallel Session Three B—Information, Learning, and Innovation

The Short-Run Effects of GDPR [EU General Data Protection Regulation] on Technology Venture Investment
Liad Wagman, Stuart School of Business, Illinois Institute of Technology
Jian Jia, Stuart School of Business, Illinois Institute of Technology
Ginger Zhe Jin, University of Maryland

The Paper Trail of Knowledge Spillovers: Evidence from Patent Interferences
Jeffrey Lin, Federal Reserve Bank of Philadelphia Research Department
Ina Ganguli, University of Massachusetts–Amherst
Nicholas Reynolds, Brown University

A Machine Learning Analysis of The Geographic Localization of Knowledge Flows
Joel Blit, Department of Economics, University of Waterloo
Mikko Packalen, University of Waterloo

Experimentation, Learning, and Appropriability in Early-Stage Ventures
Andrea Contigiani, Fisher College of Business, Ohio State University

 

Session Four—Innovation and Acquisitions

Acquisition Prices and the Measurement of Intangible Capital
Michael Ewens, California Institute of Technology
Ryan H. Peters, Tulane University
Sean Wang, Southern Methodist University

What is the US Comparative Advantage in Entrepreneurship? Evidence from Israeli Migration to the United States
Annamaria Conti, University of Lausanne - Faculty of Business and Economics (HEC)
Jorge Guzman, Columbia Business School, Columbia University

The Effect of U.S. Public-to-Private Leveraged Buyouts on Innovation
Brian F. Ayash, Orfalea College of Business, California Polytechnic State University
Edward J. Egan, McDonough School of Business, Georgetown University

Growth through Acquisition of Innovations
Galina Besstremyannaya, Centre for Economic and Financial Research, New Economic School
R. Dasher, Stanford University
S.Golovan
, New Economic School

 

Parallel Session Five AInnovation and Employment

Boundary Choices in Innovation — How does Availability of Hiring Affect Firms' Technology Sourcing Strategies?
Xiaoshu Bei, Fuqua School of Business, Duke University

Emerging and Disappearing Work, Thriving and Declining Firms
Sarada, University of Wisconsin Madison, Wisconsin School of Business
Enghin Atalay, Department of Economics, University of Wisconsin-Madison

Heterogeneous Innovation and the Antifragile Economy
Benjamin Balsmeier, Université Du Luxembourg
Gustavo Manso, University of California, Berkeley
Lee Fleming, University of California, Berkeley

 

Parallel Session Five BTrademarks and Innovation

Knocking Off Firm Value
Mehmet I. Canayaz, Smeal College of Business, Pennsylvania State University
Umit Gurun, University of Texas at Dallas

Submarine Trademarks
Christian Helmers, Santa Clara University
Carsten Fink, World Intellectual Property Organization (WIPO)
Andrea Fosfuri, Bocconi University
Amanda F. Myers, United States Patent and Trademark Office

Product Hopping and Innovation Incentives
Jorge Lemus, Department of Economics, University of Illinois Urbana-Champaign
Olgu Ozkul, Department of Economics, University of Illinois Urbana-Champaign

 

Session Six—Innovation and Intellectual Property

The Consequences of Invention Secrecy: Evidence from the USPTO Patent Secrecy Program in World War II
Daniel P. Gross, Harvard Business School

R&D and Market Size: Who Benefits from Orphan Drug Regulation?
Simona Gamba, Department of Economics, University of Verona
Laura Magazzini, Department of Economics, University of Verona
Paolo Pertile, Department of Economics, University of Verona

Early Disclosure Law Reduces Duplication in the US and European Patent Systems
Florian Seliger, KOF Swiss Economic Institute, ETH Zurich
Sonja Lück, University of Paderborn, Faculty of Business Administration and Economics
Benjamin Balsmeier, Université Du Luxembourg
Lee Fleming
, University of California, Berkeley

 

  


View past Entrepreneurship and Innovation Conferences

For more information regarding this conference or other initiatives of the Northwestern University Center on Law, Business, and Economics, please call (312) 503-1811Call now icon or send an email to searlecenter@law.northwestern.edu.