The Search of Prior Art and the Revelation of Information by Patent Applicants

Corinne Langinier and Philippe Marcoul ()

Review of Industrial Organization, 2016, vol. 49, issue 3, No 1, 399-427

Abstract: Abstract To learn the patentability of an innovation, both applicant and examiner search through the set of related inventions. The applicant searches first and chooses to reveal his findings to the examiner, who performs a complementary search and decides whether to grant a patent. We analyze this process with a model of bilateral search for information. We show that the applicant may strategically conceal information, and the examiner makes her search contingent upon the revealed information. To remedy information concealment, we focus on two mechanisms: a double-review policy and a commitment mechanism. Both mechanisms induce more revelation of information.

Keywords: Incentives; Information; Patents; Prior art (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (11)

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Working Paper: Search of Prior Art and Revelation of Information by Patent Applicants (2009)
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DOI: 10.1007/s11151-016-9514-3

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