Plausibly Exogenous [1171] - Patent Invalidations (04/17/2023)
LHS Variable
Leverage
RHS Variable
Intangible capital
Source of Exogenous Variation
Variation in patent invalidations by a U.S. court in which judges are randomly assigned to cases
- Horsch, Longoni, and Oesch (2020), “Intangible Capital and Leverage”