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Filing strategies and patent value

Nicolas van Zeebroeck () and Bruno van Pottelsberghe de la Potterie

No 08-016.RS, Working Papers CEB from Université Libre de Bruxelles, Solvay Business School, Centre Emile Bernheim (CEB)

Abstract: This paper aims at contributing to the literature on the determinants of patent value. First, it puts forward a new potential class of value determinants in the form of filing strategies (encompassing filing routes and drafting styles). Second, it provides empirical evidence suggesting that these strategies are consistently and positively associated with patent value indicators. The empirical implementation relies on a unique dataset (about 250,000 patents granted by the EPO), which allows running large-scale sensitivity tests. The results reveal that the new determinants this paper puts forward –filing strategies – are the most stable of all. They also underline strong dependencies of several ‘classical’ results to the dependent variables and sampling methodologies, partly explaining several inconsistencies observed in the literature.

Keywords: Patent systems; Patent quality; Patent value; Filing strategies (search for similar items in EconPapers)
JEL-codes: O31 O34 O50 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ino and nep-ipr
Date: 2008-03
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http://www.solvay.ed ... ocuments/wp08016.pdf First version, 2008 (application/pdf)

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