The conference aims at bringing together scholars to present and discuss the latest research on innovation and intellectual property in financial markets and financial services sectors, including payment media, securities markets infrastructure, and corporate finance.
Programme Committee: Bob Hunt (Federal Reserve Bank of Philadelphia), Thomas Ronde (University of Copenhagen & CEPR), Tuomas Takalo (Bank of Finland), Jouko Vilmunen (Bank of Finland).
Papers, presentations and comments updated October 17, 2008.
Thursday 16 October
| 9.30–10.00 | Registration, coffee | |
| 10.00–12.00 | Session I | Chair: Jouko Vilmunen (Bank of Finland) |
| Opening remarks Sinikka Salo, Member of the Board (Bank of Finland) | ||
| Paper Presentation | Opening address: Business Method Patents and US Financial Services | |
| Author | Bob Hunt (Federal Reserve Bank of Philadelphia) | |
| Paper Presentation | Financial Patenting by European Firms | |
| Author(s) | *Grid Thoma (U. Camerino) joint with Bronwyn Hall (U. California at Berkeley) and Salvatore Torrisi (U. Bologna) | |
| Comments | Otto Toivanen (HECER) | |
| 12.30–13.30 | Lunch | |
| 14.00–16.00 | Session II | Chair: Mikko Mustonen (Helsinki School of Economics & HECER) |
| Paper Presentation | Relationship Lending and Firm Innovativeness: New Empirical Evidence | |
| Author(s) | Caterina Giannetti (U. Tilburg) | |
| Comments | Tanja Tanayama (HECER) | |
| Paper Presentation | Financial Innovation in the UK | |
| Author(s) | *Shelagh Heffernan (Cass Business School) joint with Xiaolan Fu (U. Oxford) and Xiaoqing Fu (U. Macau) | |
| Comments | Charlotta Grönqvist (Bank of Finland) | |
| 16.00–16.30 | Coffee break | |
| 16.30–18.30 | Session III | Chair: Thomas Ronde (Copenhagen Business School) |
| Paper Presentation | Innovative or Indefensible? An Empirical Assessment of Patenting within Standard Setting | |
| Author(s) | Anne Layne-Farrar (LECG) joint with Jorge Padilla (LECG) | |
| Comments | Pekka Sääskilahti (Nokia Corporation) | |
| Paper Presentation | Control Rights over Intellectual Property: Corporate Venturing and Bankruptcy Regimes | |
| Author(s) | Sergei Guriev (New Economic School) joint with Sudipto Bhattacharya (LSE) | |
| Comments | Mikko Leppämäki (Helsinki School of Economics) | |
| 19.30 | Dinner at the Bank's Personnel Club |
Friday 17 October
| 9.00–11.00 | Session IV | Chair: Rune Stenbacka (Swedish School of Economics & HECER) |
| Paper Presentation | To Be Financed or Not – The Role of Patents for Venture Capital Financing | |
| Auhtor(s) | Elisabeth Müller (ZEW) joint with Carolin Häussler (U. Munich) and Dietmar Harhoff (U. Munich) | |
| Comments | Ari Hyytinen (U. Jyväskylä & Bank of Finland) | |
| Paper Presentation | Financially Constrained Innovation, Patent Protection, and Industry Dynamics | |
| Auhtor(s) | Gerard Llobet (CEMFI) joint with Javier Suarez (CEMFI) | |
| Comments | Corinne Langinier (U. of Alberta) | |
| 11.00–11.30 | Coffee break | |
| 11.30–12.30 | Session V | Chair: Mikko Välimäki (Swedish School of Economics) |
| Paper Presentation | Disclosure and Financial Patents: Revealing the Invisible Hand | |
| Author(s) | John F. Duffy (George Washington U.) joint with John Squires (Goldman Sachs) | |
| Comments | Gregory N. Mandel (Temple U.) | |
| 12.30–14.00 | Closing lunch | |
| 14.15–15.15 | Paper | Optional: Corinne Langinier (U. of Alberta) at HECER Economics Research Seminar: "Patent, Search of Prior Art and Revelation of Information" |