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SUMMARY:Title: Injunction Risk\, Technology Commercialization\, and Profit
 ability - Po-Hsuan (Paul) Hsu (University of Hong Kong)
DTSTART:20210225T130000Z
DTEND:20210225T140000Z
UID:TALK150289@talks.cam.ac.uk
CONTACT:CERF/CF Admin
DESCRIPTION:Abstract: Routinely granted injunctions during patent lawsuits
  have been regarded as a significant obstacle to firm innovation. We use t
 he 2006 Supreme Court ruling in eBay v. MercExchange that reduced injuncti
 on likelihood in cases related to information and communications technolog
 y (ICT) patents to examine the effects of injunction risk on firms’ tech
 nology commercialization and market value. We find that firms with reduced
  injunction risk experience faster technology commercialization and higher
  profitability. Moreover\, stock market investors react favorably to alleg
 ed infringing firms that are subject to reduced injunction risk\, particul
 arly when the litigation receives greater attention.   
LOCATION:Online
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