We study the content, novelty, and value of defensive publications relative to patents. We use a large language model (LLM) to apply the cooperative patent classification (CPC) system to a set of defensive…
Die Industriepolitik rückt zunehmend in den Fokus der deutschen und der europäischen Wirtschaftspolitik. In diesem Beitrag entwickeln Hanna Hottenrott, Roman Inderst, Eckhard Janeba, Klaus Schmidt, Achim Wambach…
This paper explores the interaction between the enforcement of and compliance with difficult-to-enforce rules in the context of data regulation. We focus on the effect of the introduction of the GDPR and its…
We develop a duopoly signaling model in which an innovative leader strategically announces a pending patent application to influence the follower’s behavior, both in the product market (in the short run) and in…
Many business relationships rely on loose arrangements and relational dynamics in early interactions, only to solidify their alliances through contractual commitments later. Using a repeated-games framework with…
In a model of asymmetric regulation, a firm can comply with two regulatory targets, and a regulator can audit the firm for compliance. Inspection by the regulator is imperfect, and it assesses the firm’s…