Milan Innovation Seminar Series (MISS) – Inaugural Meeting

Keynote: Prof. Dietmar Harhoff – Director at the Max Planck Institute for Innovation and Competition and Professor for Entrepreneurship and Innovation at the Ludwig-Maximilians-Universität (LMU) Munich,

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

Title: “To Opt Out or Not – Strategic Decisions at the Unified Patent Court” (joint work with Sebastian Erhardt)

Abstract: 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.

A Q&A session is planned afterwards. Then, join us for a complimentary aperitivo organized by MISS at GT Bistrot & Café from 18:00 post-seminar.

Who Should Participate?

We welcome expressions of interest from graduate students, postdoctoral researchers, early-career researchers, professors and professionals residing in Milan and its surrounding areas. Participants should have an interest in Science, Technology, Innovation and Entrepreneurship research.

Social Event Registration:

To express your interest in this initiative, please register in this link.

For organizational efficiency, registration is important: upon registration, you will receive an entry form to allow immediate access to the seminar premises on the day of the event. Please be aware that the complimentary aperitivo has limited space, available on a first-come, first-served basis, with registered seminar attendees receiving priority. To ensure your attendance, we highly recommend confirming your participation as early as possible. However, participation to the seminar remains possible also without registration and the aperitivo will be, in the worst case, at the participant’s cost.

For inquiries, please contact: [email protected]

We look forward to your participation!

Key information:

Date: May 17th 2024

ICRIOS Seminar Time: 16h CET, Bocconi University, room: AS01, Via Guglielmo Röntgen 1, Milan

Social Event: 18h (post-seminar), GT Bistrot & Café, Via Guglielmo Röntgen, 6, Milan.

MISS Committee

• Stefano Baruffaldi – Polytechnic University of Milan
• Marco Guerzoni – University of Milan – Bicocca
• Gabriele Pellegrino – Catholic University of the Sacred Heart
• Felix Poege – Bocconi University
• Anita Quas – University of Milan – Statale
• Daniel Souza – Polytechnic University of Milan