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Associate and Professor of Economics
Expertise: innovation, patents, industrial economics, law and economics
26 August 2020
Saul Lach, Zvika Neeman and Mark Schankerman
We study how to design an optimal government loan program for risky R&D projects with positive externalities. With adverse selection, the optimal government contract involves a high interest rate but nearly zero co-finan... Read more...
27 November 2015
Mark Schankerman
This paper studies the causal impact of patents on subsequent innovation by the patent holder. The analysis is based on court invalidation of patents by the U.S. Court of Appeals for the Federal Circuit, and exploits t... Read more...
01 August 2015
Alberto Galasso and Mark Schankerman
Cumulative innovation is central to economic growth. Do patent rights facilitate or impede such follow-on innovation? This paper studies the effect of removing patent protection through court invalidation on the subseque... Read more...
18 September 2014
Iain Cockburn, Jean O. Lanjouw and Mark Schankerman
This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries, using newly constructed data on launches of 642 new drugs in 76 countries for the period 1983-2002,... Read more...
30 April 2013
Cumulative innovation is central to economic growth. Do patent rights facilitate or impede follow-on innovation? We study the causal effect of removing patent rights by court invalidation on subsequent research related t... Read more...
24 August 2011
Alberto Galasso, Mark Schankerman and Carlos J. Serrano
We study how the market for innovation affects enforcement of patent rights. Conventional wisdom associates the gains from trade with comparative advantage in manufacturing or marketing. We show that these gains imply th... Read more...
07 December 2010
Mark Schankerman (LSE)
The MIT Press and Centre for Economic Performance are delighted announce the launch of The Comingled Code: Open Source and Economic Development... Read more...
01 December 2010
Josh Lerner and Mark Schankerman
Discussions of the economic impact of open source software often generate more heat than light. Advocates passionately assert the benefits of open source while critics decry its effects. Missing from the debate is rigoro... Read more...
01 September 2010
Sharon Belenzon and Mark Schankerman
Using new data on citations to university patents and scientific publications, we study how geography affects university knowledge spillovers. Citations to patents decline sharply with distance up to about 150 miles and ... Read more...
01 August 2010
Using new data on citations to university patents and scientific publications, and measures of distance based on Google maps, we study how geography affects university knowledge diffusion. We show that knowledge flows fr... Read more...
01 November 2008
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12 May 2005
19 November 2004
