Optimal Global Patent Design
Abstract
The optimal patent breadth and length is derived for an innovating and a noninnovating country in the presence of imitation. It is found that the innovating country chooses longer or broader patent protection than the noninnovating country depending on the concavity or convexity of demand. These patents are compared to the optimal global patents designs and are found to be too weak from a global perspective. Finally, it is shown that where the optimal global patent design involves identical patents in each country that the innovating country is unambiguously better off, while the noninnovating country may be worse off with the optimal global patent design.Download Info
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Bibliographic Info
Article provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 161 (2005)
Issue (Month): 1 (March)
Pages: 18-
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Web page: http://www.mohr.de/jite
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Related research
Keywords:Other versions of this item:
- Donald J Wright, 2004. "Optimal Global Patent Design," Econometric Society 2004 Latin American Meetings 35, Econometric Society.
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
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Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Bagchi, Aniruddha & Roy, Abhra, 2011. "Endogenous R&D and Intellectual Property Laws in Developed and Emerging Economies," MPRA Paper 31822, University Library of Munich, Germany.
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