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Fabio Bertolotti

This paper examines how anticipated changes in patent term affect R&D and innovation, using the U.S. ratification of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) agreement in …

Silvia Miranda-Agrippino · Sinem Hacıoğlu-Hoke · Kristina Bluwstein

This paper constructs an instrumental variable for technology news shocks using patent applications, relaxing all identifying assumptions traditionally used in the news-shock literature. The IV is the …