From Trolls to Thickets: The Patent System and the US Economy

NOTE: Attendance is by invitation only
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THURSDAY, May 7, 2015
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.“From Patent Thickets to Patent Networks: The Legal Infrastructure of the Digital Economy” by Jonathan M. Barnett
Presenter: Jonathan M. Barnett
Discussant: Noel Maurer
Moderator: Stephen Haber
Abstract | Complete Paper | SSRN Link | PDF of Presenter Slides | PDF of Discussant SlidesPresenter Bio
10:30 a.m.Break
10:45 a.m.“Patents and the Economics Valuation of Product Features” by Greg M. Allenby, Jeff D. Brazell, John R. Howell, and Peter B. Rossi
Presenter: Peter Rossi
Discussant: Ross Levine
Moderator: Scott Kieff
Abstract | Complete Paper | SSRN Link | PDF of Presenter Slides | PDF of Discussant Slides | Presenter Bio
12:00 NOON Lunch (Room 115, Lou Henry Hoover Building)
1:15 p.m.“Why Do Inventors Sell to Patent Trolls? Experimental Evidence for the Asymmetry Hypothesis” by Stephen H. Haber and Seth H. Werfel
Presenter: Seth Werfel
Discussant: Henry Smith
Session Chair: Damon Matteo
Abstract | Complete Paper | SSRN Link | PDF of Presenter Slides | Presenter Bio
2:30 p.m.“The Role of Patent Law in the Innovation Cycle” by Richard Epstein
3:45 p.m.Daytime sessions close
6:00 p.m Conference dinner: Vero Ristorante Italiano, 530 Bryant St., Palo Alto
FRIDAY, May 8, 2015
Annenberg Conference Room (Room 105), Lou Henry Hoover Building, Stanford University
8:30 a.m. Breakfast Buffet

9:00 a.m. Judge Lucy Koh in conversation with Richard Sousa
Presenter Bio

9:45 a.m. “Intellectual Property Rights and Access to Innovation: Evidence from TRIPS” by Margaret Kyle and Yi Qian
Presenter: Yi Qian
Discussant: Rosemarie Ziedonis
Moderator: Lisa Larrimore Ouellette
SSRN Link | PDF of Presenter Slides | PDF of Discussant Slides | Presenter Bio
11:00 a.m.Break
11:30 a.m.“Royalty Stacking in the Smartphone Industry: An Empirical Examination” by Alexander Galetovic and Kirti Gupta
Presenter: Alexander Galetovic
Discussant: Kyle Herkenhoff
Moderator: Richard Sousa
Abstract | Complete Paper | PDF of Discussant Slides
12:15 p.m. Adjourn (light lunch available, Room 115, Lou Henry Hoover Building)

Confirmed Participants

Jonathan M. Barnett–Professor of law, Gould School of Law, University of Southern California

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

Alexander Galetovic–Professor of economics, Universidad de los Andes, Santiago, Chile

A.J. Gokcek–Intellectual property service attorney, Pacific Northwest National Laboratory

Kirti Gupta—Director of economic strategy, Qualcomm Inc.

Stephen Haber–Peter and Helen Bing Senior Fellow, Hoover Institution; director, Hoover IP2 Working Group; 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

Kyle Herkenhoff– Assistant professor, University of Minnesota; visiting scholar, Federal Reserve Bank of Minneapolis

F. Scott Kieff—Commissioner, US International Trade Commission; Fred C. Stevenson Research Professor of Law (on leave), George Washington University

Lucy Koh­–District judge, United States District Court for the Northern District of California

Benjamin Kwitek—President and CEO, InterForm Incorporate; member, Hoover IP2 Advisory Board

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

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 School of Business

Lisa Larrimore Ouellette—Assistant professor of law, Stanford Law School

Yi Qian—Associate professor, Marketing and Behavioral Science Division, Sauder School of Business, University of British Columbia; visiting associate professor of marketing and Kraft Research Professor, Kellogg School of Management, Northwestern University

Peter B. Rossi–James Collins Professor of Marketing, Statistics, and Economics, Anderson School of Management, UCLA

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

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

Seth Werfel–PhD candidate, department of political science, Stanford University

Rosemarie Ziedonis–Associate professor of management, Lundquist College of Business, University of Oregon; visiting scholar, Management Science and Engineering Department, School of Engineering, Stanford University

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