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Collection: Faculty Working Papers  
Title Selling Ideas: The Determinants of Patent Value in an Auction Environment
Author Sneed, Katherine A.
Johnson, Daniel K. N.
Type of Resource text
Digital Origin born digital
Date Created 2007-06
Abstract Although previous empirical studies have found relationships between patent characteristics and value, none have determined how specific attributes relate to auction value or even the probability of a successful auction sale. Using a Heckman two-step model, we regress thirteen independent variables against unique patent auction data, finding that publicly-owned and frequently referenced patents are more valuable, and that other things equal, there is an optimal time to offer a patent up for auction.
Keywords auction
Rights Statement Copyright restrictions apply. Contact the author for permission to publish.
Note (admin) Acquired as PDF from Colorado College Department of Economics and Business. Converted to PDF/A1.b using Adobe Acrobat Professional.
Publisher Colorado College
Place of Publication Colorado Springs, Colorado
Local Identifier 2007-05
Handle http://hdl.handle.net/10176/coccc:2616
Attached Files
Name Description MIMEType Size Downloads
SellingIdeas.pdf   master application/pdf 885.33KB 0

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Created: Wed, 13 Jan 2010, 13:41:59 MST by Christine Ashlock (admin) . Detailed History