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| Author: | Sneed, K.A. Johnson, D.K.N. |
| Title: | Selling ideas: the determinants of patent value in an auction environment |
| Journal: | R & D Management
2009 : JAN, VOL. 39:1, p. 87-94 |
| Index terms: | intellectual property law auctions selling patents legislation models |
| Language: | eng |
| Abstract: | Using a Heckman 2-step model, 13 independent variables are regressed against unique patent auction data. It is found that publicly owned and frequently referenced patents are more valuable, and with other things being equal there is an optimal time to offer a patent up for auction. |
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