1 option
Where Does State Street Lead? A First Look at Finance Patents, 1971-2000 / Josh Lerner.
- Format:
- Book
- Author/Creator:
- Lerner, Josh.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w7918.
- NBER working paper series no. w7918
- Language:
- English
- Subjects (All):
- Finance--Statistical methods.
- Finance.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2000.
- Cambridge, Massachussetts : National Bureau of Economic Research, [2000]
- Summary:
- This paper empirically examines patents for financial formulas and methods, whose patentability was recently confirmed in the litigation between State Street Bank and Trust and Signature Financial Group. The number of such filings and awards has been accelerating. Patent filings by academics have been very infrequent, which appears to be a consequence of a lack of awareness or interest on the part of faculty members, rather than any fundamental unsuitability of their research for patenting. The failure to cite academic research in this area appears to be problematic and may reflect patent examiners' limited exposure to finance research and patents. The final section discusses the challenges that these developments pose to academic finance.
- Notes:
- Print version record
- September 2000.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.