Skip to main content

The project on "Non-Practicing Entities and Innovation in Europe" has won a grant from the ANR (JCJC)

Project Summary

During the last two decades, increased opportunities for patent monetization have resulted in the rise of institutions facilitating the sale of patents (Hagiu and Yoffie, 2013). New intermediaries, such as patent aggregators and, more generally, non-practicing entities (NPEs) have become quite influential and controversial in the industries they touch, sparking heated debates, especially in the US, about the economic role they play in the patent market and their effects on innovation dynamics. In part reflecting the debate on NPEs, the US Congress introduced several bills proposing to finely regulate the process of patent licensing and assertion.
Until now, scholars have considered NPEs as almost exclusively confined within US borders. Conventional wisdom holds that patent monetization is pursued less often in Europe, due to some combination of higher cost of enforcement and smaller damages awards. However, some recent papers have shown that NPEs are hardly a uniquely American phenomenon (Fusco, 2014). Indeed, recent figures demonstrate that the presence of NPEs in European courts is not negligible. In 2010, NPEs account for more than 10% of patent suits litigated in Germany and the UK (Love et al., 2015).
Moreover, most of the empirical studies investigating the NPE phenomenon are limited to NPEs’ patent litigation activity, thus leaving out enforcement activities settled out of court, underestimating their presence in the market for patents.
The aim of this project is to systematically map NPEs’ activity in Europe, precisely describe their strategies and behavior, and empirically investigate their impact on innovation dynamics. To quantify the presence of NPEs in Europe, we will follow an original strategy, which is based on the NPE’s patent acquisitions at the European Patent Office (EPO).
By relying on a pilot database on patent acquisition data that we build in the venue of submitting the present proposal, a preliminary evidence tells us that the NPEs’ activity is becoming increasingly relevant in Europe: transactions involving NPEs almost doubled between 2000 and 2010, and now represent almost 1% of all EP patents in the ICT sector. Moreover, the individuated NPE-owned patents appear to be, on average, constantly much more cited than non-NPEs’ ones and, similarly, more original.
This first evidence stresses a series of interesting questions that we will address in this project. Is the market for patent intermediation in Europe dominated by foreign NPEs? To which extent NPEs are active players on the market for technology, as both buyers and sellers? When NPEs buy, who they buy from, and which kind of technologies do they target? What are the impacts of NPEs on innovation dynamics and technology transfer? If negative, which are the possible solutions to remedy these inefficiencies?
To answer these questions, the NPEIE project aims to build a unique database of NPEs’ patenting history at the EPO. Different sources of information will be used to identify NPEs operating in Europe and different techniques will be implemented to overcome technical reefs. A survey of CEOs and IP managers of French SMEs will complement our information at the national level and will help in interpreting the quantitative results.
This project relies on the expertise of its members, who are experts on the issue of patenting and technology transfer. They are spread over five sites, but many of them have already collaborated in the past. New collaborations will also be undertaken, by matching, in this project, expertise on IP law, professional practices, applied micro-econometrics, and different data collection methods. The project should significantly contribute to building a strong European research base on NPEs, in connection with policy makers and practitioners.

Team

French Partners
  • Valerio Sterzi (Scientific Coordinator, Gretha, University of Bordeaux)
  • Jean Belin (Gretha, University of Bordeaux)
  • Mathieu Becue (Gretha, University of Bordeaux & VIANNO)
  • Franesco Lissoni (Gretha, University of Bordeaux)
  • Ernest Miguelez (Gretha, University of Bordeaux)
  • Michele Pezzoni (Gredeg, University of Nice)
External Partners
  • Catalina Martinez (CSIC Institute of Public Goods and Policies)
  • Stefania Fusco (The university of Notre Dame)
  • Julio Raffo (WIPO)

Comments

  1. Thanks for sharing....can you explain what is the DifferenceBetween DifferenceBetween Innovation and Research.

    ReplyDelete
  2. If you need your ex-girlfriend or ex-boyfriend to come crawling back to you on their knees (even if they're dating somebody else now) you must watch this video
    right away...

    (VIDEO) Get your ex back with TEXT messages?

    ReplyDelete

Post a Comment

Popular posts from this blog

Introductory Econometrics

Introductory Econometrics, M1 Economie du developpement & Intelligence Economique, University of BordeauxReading list
J.M. Wooldridge, Introductory Econometrics. A Modern Approach,Thomson South-Western (various editions)

Schedule & Slides 
1. 24-01-2018
2. 26-01-2018
3. 31-01-2018
4. 7-02-2018
4bis. Central Limit Theorem and T-Test.pdf
5. 9-02-2018
6. 16-02-2018
7. 28-02-2018


Practical Sessions (TDs)
1. TD1 (Sujet and data)
2. TD2 (Sujet and data)
3. TD3 (Sujet and data)

Controle #2 (Sujet and data)


Table of contents 1.The Simple Regression Model 2. Multiple Regression Analysis:     2.1 Estimation     2.2 Inference     2.3 Further Issue (dummy variables, multicollinearity, heteroskedasticity)
Tables
Z-table
T-table

Globalisation et localisation des firmes

Globalisation et localisation des firmes (Master Intelligence Économique, M1) 
Contrôle Continu: •75% DS – Etude de cas (April, 24th) •25% Contrôle maison (April, 3rd) Examen Terminal:
•Mardi 15 mai 2018, 11h00-12h30: AMPHI BERNARD


1.Introduction
2.An historical excursion (1): the origin of MNEs
3.An historical excursion (2): International patent laws and MNEs - The TRIPS Agreements
4.The motives for foreign production
5.Theories (and paradigms) of international production and foreign direct investment
6. MNEs and value -added chain
7. New types of MNE: Patent Intermediaries and Patent Assertion Entities


Slides and readings
1. 30/01/2018
2. 06/02/2018
3. 27/02/2018
4. 06/03/2018
5. 13/03/2018 & 20/03/2018 (NEW!)
6. 27/03/2018 : Bring your PC with you (I will answer all your questions, if any, about the project)
7. 03/04/2018 (MNEs and value -added chain: download the .zip here)
8. 10/04/2018