TO OPT OUT OR NOT - STRATEGIC DECISIONS AT THE UNIFIED PATENT COURT

ICRIOS - Invernizzi Center for Research on Innovation, Organization, Strategy and Entrepreneurship - is pleased to invite you to the event:

TO OPT OUT OR NOT - STRATEGIC DECISIONS AT THE UNIFIED PATENT COURT 17 May 4-5.15pm, Room AS01

Keynote: Prof. Dietmar Harhoff – Max Planck Institute for Innovation and Competition

Discussion: Judge Pierluigi Perrotti – Unified Patent Court of First Instance, Local Division Milan

The new Unified Patent Court (UPC) in Europe allows patent owners access to centralized enforcement, albeit at the risk of centralized invalidation. For new unitary patents (UPs) owners will enjoy a large cost reduction. At the introduction of the UPC/UP system, owners of existing European patents and patent applications were able to opt-out of the new court system during a three-month time window. We derive a set of hypotheses and combine data on the actual opt-out decisions with a rich set of patent and owner characteristics to test them. Consistent with theoretical expectations, we find that patents with high risk of invalidation were typically opted out, as were valuable patents, e.g., with large patent families and with supplementary protection certificates (SPCs). Non-European patent owners had a strong preference for the new system.

Please find the program attached. The event will be followed by an aperitivo, please reach out for additional details.

To register to the event please click here

Best regards,
ICRIOS