TY - JOUR AU - Lanjouw,Jean O. AU - Lerner,Josh TI - Preliminary Injunctive Relief: Theory and Evidence from Patent Litigation JF - National Bureau of Economic Research Working Paper Series VL - No. 5689 PY - 1996 Y2 - July 1996 UR - http://www.nber.org/papers/w5689 L1 - http://www.nber.org/papers/w5689.pdf N1 - Author contact info: Jenny Lanjouw Brookings Institution 1775 Massachusetts Avenue, NW Washington, DC 20036 Tel: 202/797-6275 Fax: 202/797-2968 E-Mail: jlanjouw@brook.edu Josh Lerner Harvard Business School Rock Center 214 Boston, MA 02163 Tel: 617/495-6065 Fax: 617/496-7357 E-Mail: jlerner@hbs.edu AB - This paper examines the suggestion that established plaintiffs request preliminary injunctions to engage in predation against less financially healthy firms. We first present a model in which differences in litigation costs drive the use of preliminary injunctions in civil litigation. The hypothesis is tested using a sample of 252 patent suits, which allows us to characterize the litigating parties while controlling for the nature of the dispute. The evidence is consistent with the predation hypothesis. We then explore various implications of the model and the impact of policy reforms. ER -