Location of Repository

anonymous referee, and seminar participants at Harvard, MIT, and Wharton made helpful

By Josh Lerner, Adam Jaffe, Sam Kortum, Frank Morris, Cecil Quillen, Jean Tirole, Peter Tufano, Rosemarie Ziedonis, Suggestions Chris Allen, Rajiv Shukla, Matt Thompson and Especially Trang Tran

Abstract

This paper empirically examines patents for financial formulas and methods, whose patentability was recently confirmed in the litigation between State Street Bank and Trust and Signature Financial Group. The number of such filings and awards has been accelerating. Patent filings by academics have been very infrequent, which appears to be a consequence of a lack of awareness or interest on the part of faculty members, rather than any fundamental unsuitability of their research for patenting. The failure to cite academic research in this area appears to be problematic and may reflect patent examiners ’ limited exposure to finance research and patents. The final section discusses the challenges that these developments pose to academic finance

Year: 2011
OAI identifier: oai:CiteSeerX.psu:10.1.1.195.5861
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://www.hbs.edu/research/fa... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.