“Innovation Economics” project at Searle looks at how technology standards promote innovation
Earlier this year the Searle Center on Law, Regulation, and Economic Growth received a large grant from Qualcomm Incorporated to support a major new research initiative. “Innovation Economics” is an interdisciplinary undertaking that will study patents, technology standards, and standard setting organizations with an eye toward developing a better understanding of how inventive activity occurs, how it is commercialized, and what might be done to facilitate future innovation.
The project, directed by Daniel F. Spulber of the Kellogg School of Management and Searle’s Research Director, will create a set of databases that focus on standards development organizations, standards setting organizations, technology standards, and standard-essential patents; patent licensing, assignment, and litigation; complementary inventions and so-called “patent thickets”; “royalty stacking” and “hold-up”; and markets for patents and the valuation of patents. These databases are being made available to researchers on the Searle Center website.
As part of this initiative, the Searle Center will also host the United States Patent and Trademark Office’s (USPTO) Trademark Case Files Dataset. This dataset contains information about approximately 6.7 million filed trademark applications and registrations issued between January 1870 and January 2012. The information in this dataset includes: data on mark characteristics, prosecution events, ownership classification, third-party oppositions, and renewal history. It, too, is available on the Searle Center website.
Taken together, the constituent elements of the project on Innovation Economics should generate new insights and pave the way for an understanding of the important roles that patents and other types of intellectual property play in innovation.
Congratulations to my colleagues at the Searle Center. I look forward to watching this project develop.