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  The Effect of Compliance Time in Patent Examination: An Experimental Study

Fischer, S., Kleine, M., & Zizzo, D. J. (2017). The Effect of Compliance Time in Patent Examination: An Experimental Study. Max Planck Institute for Innovation & Competition Research Paper, No. 17-05.

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https://ssrn.com/abstract=2927925 (Preprint)
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 Creators:
Fischer, Sven1, Author
Kleine, Marco2, Author           
Zizzo, Daniel John1, Author
Affiliations:
1External Organizations, ou_persistent22              
2MPI for Innovation and Competition, Max Planck Society, ou_2035292              

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Free keywords: Deadlines, certification, behaviour, real effort, investment, sunk cost fallacy
 Abstract: Using controlled and incentivized decision experiments, we explore whether the length of compliance periods in patent examinations affects behaviour and the overall efficiency of the system. In our stylized experiments, participants decide in the role of a patentee who faces uncertainty about the prospects of the application and must invest real effort over an extended period of time, in order to reach a minimum threshold. Overall, we find some evidence that a very long time horizon outperforms a short one.

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Language(s): eng - English
 Dates: 2017-03-08
 Publication Status: Published online
 Pages: 42
 Publishing info: -
 Table of Contents: -
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Title: Max Planck Institute for Innovation & Competition Research Paper
Source Genre: Series
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Publ. Info: -
Pages: - Volume / Issue: No. 17-05 Sequence Number: - Start / End Page: - Identifier: -