Publications related to Commercialization Strategy and IPO Underpricing

Economic Effect of Patents and the Patent System: Insights from Linked Patent-Product Data

This thesis investigates the economic effect of patents and the patent system through the lens of patent commercialisation. The thesis is composed of four chapters, where each chapter is an independent scientific paper. In the first chapter, we present a ...

EPFL2023

Imputation of missing information in worldwide patent data

Gaétan Jean A de Rassenfosse

We present a general method for imputing missing information in the Worldwide Patent Statistical Database (PATSTAT) and make the resulting datasets publicly available. The PATSTAT database is the de facto standard for academic research using patent data. C ...

2021

The triangular value of patents

Albina Khairullina

This thesis addresses the question of a patent value from three different angles. It comprises three papers on the patent valuation methods. The patent valuation issues are well-known to the world of research and practice. However, the debates over what th ...

EPFL2020

Wanted: A standard for virtual patent marking

Gaétan Jean A de Rassenfosse, Kyle William Higham

Patent marking is used by patentees to provide a form of notice to the public about the existence of a patent and can increase damages awarded in cases of infringement. Historically, marking is done by listing the associated patents on the product they cov ...

OXFORD UNIV PRESS2020

Ex-ante measure of patent quality reveals intrinsic fitness for citation-network growth

Kyle William Higham

We have constructed a fitness parameter, characterizing the intrinsic attractiveness for patents to be cited, from attributes of the associated inventions known at the time a patent is granted. This exogenously obtained fitness is shown to determine the te ...

2019

Why do patents facilitate trade in technology? Testing the disclosure and appropriation effects

Gaétan Jean A de Rassenfosse

Evidence suggests that patents facilitate technology transactions but the reasons for the effect are unclear. Patents may assist trade in technology by either: (i) protecting buyers against the expropriation of the idea (the 'appropriation effect'); or (ii ...

Elsevier2016

Signaling and Self-regulation in Venture Capital : Evidence from Investments in the Clean Technology Sector

Giovanni Liotta

This thesis proposes three studies that provide novel empirical evidence on how different types of VCs' characteristics signal the quality of an entrepreneurial venture and influence investment strategies of funds subject to self-regulation. In the first s ...

EPFL2016

Three essays on the role of proximity in science and innovation

Stefano Horst Baruffaldi

This thesis proposes three studies that provide novel empirical evidence on how different types of proximity can affect innovation and science activities through various mechanisms and in different contexts. In the first study (second chapter of this thesi ...

EPFL2015

Essays in Empirical Corporate Finance

Stefano Colonnello

This dissertation consists of three chapters. The first chapter examines whether the availability of credit default swaps (CDS) has consequences for creditor governance. CDSs offer creditors the opportunity to hedge credit risk and may impact their willing ...

EPFL2015

Patent-free Innovation: a review of economic works including the analysis of a recent work in the field of experimental economics

Dominique Foray

This article is inspired by the observation of a massive change of opinion on the part of economists regarding the question of the patent as a mechanism allowing an economically acceptable solution to be found to the so-called “imperfect appropriability” p ...

2013