Corporate finance researchers who analyze patent data are at risk of making highly predictable errors. The problem arises from dramatic changes in the direction and location of technological innovation (and patenting practice) over recent decades. This paper by Josh Lerner and Amit Seruexplains the pitfalls and suggests practical steps for avoiding them.

Description — Corporate finance researchers who analyze patent data are at risk of making highly predictable errors. The problem arises from dramatic changes in the direction and location of technological innovation (and patenting practice) over recent decades. This paper by Josh Lerner and Amit Seruexplains the pitfalls and suggests practical steps for avoiding them.

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Title — The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond

Content — Corporate finance researchers who analyze patent data are at risk of making highly predictable errors. The problem arises from dramatic changes in the direction and location of technological innovation (and patenting practice) over recent decades. This paper by Josh Lerner and Amit Seruexplains the pitfalls and suggests practical steps for avoiding them.

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Date — December 11, 2017 5:00 am

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Source — http://hbswk.hbs.edu/stories-rss.aspx

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