The Law and Economics of Patent Systems

THURSDAY, January 12, 2017
Annenberg Conference Room (Room 105)
Lou Henry Hoover Building, Stanford University

8:30 a.m.Breakfast Buffet

9:00 a.m.Welcome and Introduction: Stephen Haber

9:15 a.m.“Technology Entry in the Presence of Patent Thickets” by Georg von Graevenitz,
Bronwyn Hall, and Christian Helmers
Presenter: Bronwyn Hall
Discussant: Alexander Galetovic
Moderator: Bo Heiden
Complete Paper | Presenter slides | Discussant slides

10:30 a.m.Break

10:45 a.m.“The Inverse Cournot Effect in Royalty Negotiations with Complementary
Patents” by Gerard Llobet and Jorge Padilla
Presenter: Jorge Padilla
Discussant: Trevor Soames
Moderator: Damon Matteo
Complete Paper | Presenter slides

12:00 NoonLunch
Room 115, Lou Henry Hoover Building

1:00 p.m.“Studying the Impact of eBay on Injunctive Relief in Patent Cases” by Kirti Gupta
and Jay Kesan
Presenters: Kirti Gupta and Jay Kesan
Discussant: Christian Helmers
Moderator: Henry Smith
Complete Paper | Presenter slides | Discussant slides

2:15 p.m.On Indian IP issues by Indranath Gupta and Vishwas Hebbidrumetlu Devaiah
Presenters: Indranath Gupta and Vishwas Devaiah
Discussant: Richard Sousa
Moderator: Naomi Lamoreaux
Complete Paper | Presenter slides | Discussant Slides

3:30 p.m.Break

3:45 p.m.On the structure of intellectual property law in relationship to natural resources by
Richard Epstein
Presenter: Richard Epstein
Discussant: John Golden
Moderator: Kayvan Noroozi
Complete Paper | Discussant slides

5:00 p.m.Daytime sessions close

6:30 p.m.Conference dinner (no formal program)

FRIDAY, January 13, 2017
Annenberg Conference Room (Room 105)
Lou Henry Hoover Building

8:30 a.m.Breakfast Buffet

9:00 a.m.“Patent Trolls or Patent Elves: Evidence from Publicly-Traded Patent Assertion
Entities” by Stephen Haber and Noel Maurer
Presenters: Stephen Haber and Noel Maurer
Discussant: William Summerhill
Moderator: Rod Cooper
Complete Paper | Presenter slides | Discussant slides

10:15 a.m.Break

10:30 a.m.“Who Feeds the Trolls: Patent Trolls and the Patent Examination Process” by
Josh Feng and Xavier Jaravel
Presenter: Josh Feng
Discussant: Ross Levine
Moderator: Richard Sousa
Complete Paper | Presenter slides | Discussant slides

11:45 a.m.Adjourn (light lunch available)
Room 115, Lou Henry Hoover Building

Rod Cooper—Managing director, Legato 4K Technology Investment Fund; principal, Phalanx Investments, LLC; president, TexaCali Productions, LLC; chair, Hoover Institution Working Group on Intellectual Property, Innovation, and Prosperity (Hoover IP2) Advisory Board

Vishwas Hebbidrumetlu Devaiah—Associate professor and executive director, Centre for Intellectual Property and Technology Law, and co-convener, Jindal Initiative on Research in IP and Competition (JIRICO), Jindal Global Law School, O.P. Jindal Global University (Delhi, India)

Richard Epstein—Peter and Kirsten Bedford Senior Fellow, Hoover Institution, Stanford University; Laurence A. Tisch Professor of Law, New York University Law School; senior lecturer, University of Chicago Law School; member, Hoover IP2 Steering Committee

Jiashuo Feng—PhD candidate, department of economics, Harvard University

Alexander Galetovic—Professor of economics, Universidad de los Andes, Santiago, Chile; visiting fellow, Hoover Institution, Stanford University

John M. Golden—Loomer Family Professor in Law, School of Law, University of Texas at Austin

Indranath Gupta—Associate professor and assistant director, Centre for Postgraduate Legal Studies, and assistant director, Centre for Intellectual Property and Technology Law, Jindal Global Law School, Jindal Global University (Delhi, India)

Kirti Gupta—Director of economic strategy, Qualcomm Inc.

Stephen Haber—Peter and Helen Bing Senior Fellow, Hoover Institution; A.A. and Jeanne Welch Milligan Professor in the School of Humanities and Sciences, professor of political science, of history, and (by courtesy) of economics, Stanford University; director, Hoover IP2

Bronwyn Hall—Professor emerita, department of economics, University of California, Berkeley; research associate, National Bureau of Economic Research (NBER); research associate, Institute for Fiscal Studies (London); visiting fellow NIESR, London

Bowman Heiden—Deputy director, Center for Intellectual Property, University of Gothenburg and Chalmers University of Technology (Gothenburg, Sweden)

Christian Helmers—Assistant professor, department of economics, Leavey School of Business, Santa Clara University; visiting fellow, Hoover Institution, Stanford University

Xavier Jaravel—Postdoctoral fellow in economics, Stanford Institute for Economic Policy Research

Jay P. Kesan—H. Ross & Helen Workman Research Scholar and director, Program in Intellectual Property and Technology Law, University of Illinois College of Law

Naomi Lamoreaux—Stanley B. Resor Professor of Economics and History and chair, department of history, Yale University; research associate, National Bureau of Economic Research; member, Hoover IP2 Steering Committee

Ross Levine—Willis H. Booth Chair in Banking and Finance, Haas School of Business, University of California, Berkeley; member, Hoover IP2 Steering Committee; research associate, NBER

Damon Matteo— CEO, Fulcrum Strategy; member of the Board, Tsinghua University (Beijing) Law School, Center for Intellectual Property Law; member, Hoover IP2 Advisory Board

Noel Maurer—Associate professor of international affairs and international business, George Washington University

Kayvan Bakhtiari Noroozi—Principal, Noroozi PC; president and CEO, Koios Pharmaceuticals

Jorge Padilla—Senior managing director, Compass Lexicon

Henry Smith— Fessenden Professor of Law and director, Project on the Foundations of Private Law, Harvard Law School; member, Hoover IP2 Steering Committee

Trevor Soames—Avocat au Barreau de Bruxelles; solicitor-advocate and barrister, Quinn Emanuel Urquhart & Sullivan LLP, Brussels, Belgium

Richard Sousa—Research fellow, Hoover Institution; member, Hoover IP2 Steering Committee

William Summerhill—Professor of history and Dr. E. Bradford Burns Chair, Latin American Studies, UCLA; member, UCLA Center for Economic History Steering Committee