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Patent Races and Optimal Patent Breadth and Length

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Author Info
Denicolo, Vincenzo

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Abstract

This paper reexamines the issue of optimal patent breadth in extending the earlier literature to the case where many firms race for a patent. It also discusses several examples that suggest the relevance of the nature of competition prevailing in the product market to explain the diverse results found in the literature. Loosely speaking, the less efficient is competition in the product market, the more likely it is that broad and short patents are socially optimal. Copyright 1996 by Blackwell Publishing Ltd.

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Publisher Info
Article provided by Blackwell Publishing in its journal Journal of Industrial Economics.

Volume (Year): 44 (1996)
Issue (Month): 3 (September)
Pages: 249-65
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Handle: RePEc:bla:jindec:v:44:y:1996:i:3:p:249-65

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  4. Rune Stenbacka, 2002. "Microeconomic Policies in the New Economy," Finnish Economic Papers, Finnish Economic Association, vol. 15(2), pages 59-75, Autumn. [Downloadable!]
  5. Gianluca Femminis & Gianmaria Martini, 2007. "Spillovers, disclosure lags, and incentives to innovate. Do oligopolies over-invest in R&D?," DISCE - Quaderni dell'Istituto di Teoria Economica e Metodi Quantitativi itemq0744, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE). [Downloadable!]
  6. Trommetter, M., 2008. "Intellectual property rights in agricultural and agro-food biotechnologies to 2030 (© OECD International Futures Programme)," Working Papers 200805, Grenoble Applied Economics Laboratory (GAEL). [Downloadable!]
  7. Corinne Langinier & GianCarlo Moschini, 2002. "Economics of Patents: An Overview, The," Center for Agricultural and Rural Development (CARD) Publications 02-wp293, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
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  8. Stenbacka, Rune, 2001. "Microeconomic Policies in the New Economy," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  9. Julio R. Robledo, 2005. "Strategic patents and asymmetric litigation costs as entry deterrence instruments," Economics Bulletin, Economics Bulletin, vol. 15(2), pages 1-9. [Downloadable!]
  10. Michel Trommetter, 2006. "La proprieté intellectuelle dans les biotechnologies agricoles : Quels enjeux pour quelles perspectives ?," Working Papers hal-00243036_v1, HAL. [Downloadable!]
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  11. Alexandre Almeida & Aurora A.C. Teixeira, 2007. "Does Patenting negatively impact on R&D investment?An international panel data assessment," FEP Working Papers 255, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
  12. Kurt R. Brekke & Odd Rune Straume, 2008. "Pharmaceutical Patents: Incentives for R&D or Marketing?," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  13. Shih-Tse Lo, 2004. "Strenghtening Intellectual Property rights: Experience from the 1986 Taiwanese Patent Reforms," Working Papers 04004, Concordia University, Department of Economics. [Downloadable!]
  14. Alka Chadha & Åke Blomqvist, 2005. "Patent Races, “Me-Too” Drugs, and Generics: A Developing-World Perspective," Departmental Working Papers wp0513, National University of Singapore, Department of Economics. [Downloadable!]
  15. Schneider, Cédric, 2005. "Fences and competition in patent races," MPRA Paper 2087, University Library of Munich, Germany. [Downloadable!]
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