In this paper, we take another look at the role that patents play in determining successful commercialization. We address issue using survey data on 3,736 Australian inventions which were subject of a patent application between 1986 and 2005. Although almost half respondents' applications not granted, many still attempted to commercialize their inventions. This variation patenting commercializa...

Abstract Herders (also known as surface collecting agents) are made of active compounds (surfactants). They reduce the tension water and thereby change spreading behavior immiscible liquids, such an oil slick, floating on surface. Oil slicks that have spread too thin to burn can be re-thickened if herders sprayed around a slick. Once slick is thickened, it amenable in situ burning without need ...