Webinar Tuesday the 19th of May

On Tuesday, the 24th of May at 11:00 GMT (i.e. 13:00 Athens time, 12:00 Amsterdam time), TIME-MBE and the TECHNIS research group and think tank will host a webinar by Professor Markus Simeth, Universidad Carlos III de Madrid. The title of the paper is: Patent disclosure and the diffusion of knowledge.

If you want to participate in this webinar please contact Dr. Andreas Panagopoulos at: panagopoulos@uoc.gr

House rule: during the webinar presentation, unless you are already using headphones with a microphone, please switch off your microphone, and turn it on only if you have a question or a comment.

ABTRACT: Knowledge disclosure is regarded as crucial for cumulative innovation, technological progress and social welfare. In addition, it is also an important dimension concerning firm’s innovation strategies. However, there is still limited empirical evidence on the impact of disclosure on follow-on inventions. We address this gap and exploit a policy change in the US patent legislation (“American Inventors Protection Act”), which had an impact on the disclosure timing of patent documents. Applying a difference-in-difference methodology, we analyze how “early” disclosure affects the diffusion of knowledge with regard to the geographical dimension. Relying on patent citation data to approximate knowledge flows, our econometric analysis suggests that early disclosure is particularly valuable for geographically distant inventors.