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Patents according to the neo-Schumpeterian approach: an introductory discussion

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  • Eduardo da Motta e Albuquerque

Abstract

This paper deals with the theoretical status of patents, taking the neo-shumpeterianapproach as a reference. Different characteristics of patents are analysed: i) informationalcontents; ii) appropriability of innovation returns; iii) the complex trade-off betweenthe incentives for innovation or diffusion; iv) patent scope and its impact on second generationinnovations; v) barrier to entry. This analysis leads to an evaluation of patent lawsas different mix of these characteristics. Finally, the specificities of patent laws adapted toless-developed countries are discussed. JEL Classification: K11; B52; O34.

Suggested Citation

  • Eduardo da Motta e Albuquerque, 1998. "Patents according to the neo-Schumpeterian approach: an introductory discussion," Brazilian Journal of Political Economy, Center of Political Economy, vol. 18(4), pages 561-580.
  • Handle: RePEc:ekm:repojs:v:18:y:1998:i:4:p:561-580:id:1151
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    More about this item

    Keywords

    Neo-Schumpeterian analysis; innovation; patents; national innovation system;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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