Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents?: Evidence from Micro-Level Application Data
Michael D. Frakes and
Melissa F. Wasserman
No 20337, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
We explore how examiner behavior is altered by the time allocated for reviewing patent applications. Insufficient examination time may hamper examiner search and rejection efforts, leaving examiners more inclined to grant invalid applications. To test this prediction, we use application-level data to trace the behavior of individual examiners over the course of a series of promotions that carry with them reductions in examination-time allocations. We find evidence demonstrating that such promotions are associated with reductions in examination scrutiny and increases in granting tendencies, as well as evidence that those additional patents being issued on the margin are of below-average quality.
JEL-codes: K0 O30 O38 (search for similar items in EconPapers)
Date: 2014-07
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-pr~
Note: LE PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)
Published as Michael D. Frakes & Melissa F. Wasserman, 2017. "Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents? Evidence from Microlevel Application Data," The Review of Economics and Statistics, vol 99(3), pages 550-563.
Downloads: (external link)
http://www.nber.org/papers/w20337.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:20337
Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w20337
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by (wpc@nber.org).