Essec\Faculty\Model\Contribution {#2233
  #_index: "academ_contributions"
  #_id: "12980"
  #_source: array:26 [
    "id" => "12980"
    "slug" => "pre-grant-patent-disclosure-and-analyst-forecast-accuracy"
    "yearMonth" => "2023-05"
    "year" => "2023"
    "title" => "Pre-grant Patent Disclosure and Analyst Forecast Accuracy"
    "description" => "MEHDI BEYHAGHI, M., KHASHABI, P. et ALI MOHAMMADI, A. (2023). Pre-grant Patent Disclosure and Analyst Forecast Accuracy. <i>Management Science</i>, 69(5), pp. 3140-3155."
    "authors" => array:3 [
      0 => array:3 [
        "name" => "KHASHABI Pooyan"
        "bid" => "B00314050"
        "slug" => "khashabi-pooyan"
      ]
      1 => array:1 [
        "name" => "MEHDI BEYHAGHI Mehdi"
      ]
      2 => array:1 [
        "name" => "ALI MOHAMMADI Ali"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:3 [
      0 => "disclosure"
      1 => "analyst forecast"
      2 => "patent"
    ]
    "updatedAt" => "2023-08-17 17:11:22"
    "publicationUrl" => "https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2022.4420"
    "publicationInfo" => array:3 [
      "pages" => "3140-3155"
      "volume" => "69"
      "number" => "5"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "We examine the relationship between pre-grant patent disclosure and analyst forecast accuracy. We take advantage of the passage of the American Inventor’s Protection Act (1999), which mandates the pre-grant public disclosure of all information in patent application documents within 18 months of the initial filings. We find that, on average, the pre-grant patent disclosure of corporate inventions significantly improves the accuracy of analyst forecasts about the patenting firm and this improvement is greater for firms with higher research and development intensity. Nevertheless, improvements in the accuracy of analysts’ forecasts are smaller when firms issue more original and scientifically broader patents. Also, this effect is weaker for firms in states without legal protection for trade secrets."
      "en" => "We examine the relationship between pre-grant patent disclosure and analyst forecast accuracy. We take advantage of the passage of the American Inventor’s Protection Act (1999), which mandates the pre-grant public disclosure of all information in patent application documents within 18 months of the initial filings. We find that, on average, the pre-grant patent disclosure of corporate inventions significantly improves the accuracy of analyst forecasts about the patenting firm and this improvement is greater for firms with higher research and development intensity. Nevertheless, improvements in the accuracy of analysts’ forecasts are smaller when firms issue more original and scientifically broader patents. Also, this effect is weaker for firms in states without legal protection for trade secrets."
    ]
    "authors_fields" => array:2 [
      "fr" => "Management"
      "en" => "Management"
    ]
    "indexedAt" => "2024-11-23T07:21:43.000Z"
    "docTitle" => "Pre-grant Patent Disclosure and Analyst Forecast Accuracy"
    "docSurtitle" => "Articles"
    "authorNames" => "<a href="/cv/khashabi-pooyan">KHASHABI Pooyan</a>, MEHDI BEYHAGHI Mehdi, ALI MOHAMMADI Ali"
    "docDescription" => "<span class="document-property-authors">KHASHABI Pooyan, MEHDI BEYHAGHI Mehdi, ALI MOHAMMADI Ali</span><br><span class="document-property-authors_fields">Management</span> | <span class="document-property-year">2023</span>"
    "keywordList" => "<a href="#">disclosure</a>, <a href="#">analyst forecast</a>, <a href="#">patent</a>"
    "docPreview" => "<b>Pre-grant Patent Disclosure and Analyst Forecast Accuracy</b><br><span>2023-05 | Articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2022.4420" target="_blank">Pre-grant Patent Disclosure and Analyst Forecast Accuracy</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 8.678494
  +"parent": null
}