relation: http://eprints.imtlucca.it/98/ title: The Design of Post-Grant Patent Challenges creator: Chiou, Jing-Yuan subject: HB Economic Theory subject: K Law (General) description: This paper proposes a patent challenge mechanism with partial patent rights previously granted to the patent-holder as the challenge reward. Transferring patent rights to a successful challenger raises the incentive to search for patent-defeating prior art, and, after the discovery of the information, helps deter collusion between the patent-holder and the challenger. It also reduces costly opportunistic patenting and therefore improves patent application quality. However, from an ex post point of view, over-search ensues when the collusion problem is severe. The optimal re-allocation of patent rights, then, calls for a careful balance between these costs and benefits. date: 2009-07 type: Working Paper type: NonPeerReviewed format: application/pdf language: en identifier: http://eprints.imtlucca.it/98/1/chiou2009a.pdf identifier: Chiou, Jing-Yuan The Design of Post-Grant Patent Challenges. Working Paper (Unpublished)