Time to patent at the USPTO: the case of emerging entrepreneurial firms
Kenneth Zahringer (),
Christos Kolympiris () and
Nicholas Kalaitzandonakes ()
Additional contact information
Kenneth Zahringer: University of Missouri
Christos Kolympiris: University of Bath
Nicholas Kalaitzandonakes: University of Missouri
The Journal of Technology Transfer, 2018, vol. 43, issue 4, 923-952
Abstract In this paper we establish facts about the time it takes to process patent applications submitted by emerging entrepreneurial firms in high technology areas in the US. These facts, subsequently, inform our understanding of the strategic decisions made by entrepreneurial firms when it comes to expedite or delay the patent application process. Empirically, we exploit data describing more than 15,000 patents granted across time to 910 life sciences firms that won grants from the Small Business Innovation Research program. The econometric evidence is consistent with the argument that the cohort of entrepreneurial firms we study has adopted a strategic choice to maintain patent applications pending for prolonged times. We also find that examiners, patent attorneys, USPTO workload as well as application-specific features influence the time length of patent pendency.
Keywords: Patent pendency; Backlog; Emerging firms; Life sciences; USPTO; SBIR (search for similar items in EconPapers)
JEL-codes: C41 L2 O32 O34 O38 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10961-016-9524-1 Abstract (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:43:y:2018:i:4:d:10.1007_s10961-016-9524-1
Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2
Access Statistics for this article
The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey
More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla ().