eprintid: 98 rev_number: 17 eprint_status: archive userid: 15 dir: disk0/00/00/00/98 datestamp: 2011-02-25 09:11:56 lastmod: 2011-07-11 14:00:42 status_changed: 2011-02-25 09:11:56 type: monograph metadata_visibility: show contact_email: jy.chiou@imtlucca.it item_issues_count: 0 creators_name: Chiou, Jing-Yuan creators_id: jy.chiou@imtlucca.it title: The Design of Post-Grant Patent Challenges ispublished: unpub subjects: HB subjects: K1 divisions: EIC full_text_status: public monograph_type: working_paper keywords: Collusion, Patent Challenge, Patent Quality. note: JEL codes: K40, O31, O34. abstract: 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 pages: 47 institution: IMT Institute for Advanced Studies, Lucca citation: Chiou, Jing-Yuan The Design of Post-Grant Patent Challenges. Working Paper (Unpublished) document_url: http://eprints.imtlucca.it/98/1/chiou2009a.pdf