Center for Advanced Patent Research
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Center for Advanced Patent Research


The Center For Advanced Patent Research at the NYU Stern School of Business undertakes research concerning the ability of firms to derive profits from patents and the patent system. Our research is intended to be of immediate and tangible value to many different types of companies with patent-related business interests, and may involve the invention and development of novel tools, frameworks, and other practical solutions for patent-related problems.

A primary goal of the Center is to establish new areas of research that are not only valuable, but entirely different from existing research carried out by academia and industry. We aim to establish novel paradigms for solving problems by combining expertise from disparate fields. The Center encourages cross-disciplinary research with industry and academia in areas such as management, computer science, economics, engineering, and patent law.

Research Areas

The Center's research focuses on the needs of firms and industries, including topics such as:
  • Establishing analytic foundations for promising new patent management strategies
  • Applying operations research to patents and patent firms
  • Enabling firms to design new patent-related products and services
  • Developing formal methods and metrics for patent creation and prosecution
  • Identifying new market opportunities
The Center's research is designed to benefit the most innovative companies—from disruptive start-ups to firms with large patent portfolios, as well as law firms that work with such companies. We also expect our research to be of interest to policymakers and academics.


William Baumol

William J. Baumol is the Harold Price Professor of Entrepreneurship, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor of Economics in the Stern School of Business at New York University; he is also senior economist and professor emeritus in the Department of Economics at Princeton University. Professor Baumol is a past president of the American Economic Association and is a member of the U.S. National Academy of Sciences, the American Philosophical Society, the Accademia Nazionale Dei Lincei (Italy), and the British Academy. He is the author of more than 45 books and over 500 articles published in professional journals.

Dean Alderucci

Dean Alderucci is an adjunct professor in the Stern School of Business at New York University. He teaches courses in innovation and patent strategy and runs the Innovation Lab of the Berkley Center for Entrepreneurship and Innovation. He was previously the founder and Chief Operating Officer of the Innovation Division at Cantor Fitzgerald, a global financial services company. He was also the Chief Counsel and Senior Vice President of Intellectual Property Strategy at Walker Digital, an innovation think tank and business incubator. He is a registered U.S. Patent Attorney and a Solicitor of the Senior Courts of England and Wales.


There are opportunities for students to conduct research and earn independent study credit. Please contact us for more information if you are interested.