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Optimal Global Patent Design

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Author Info
Donald J Wright

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Abstract

The optimal patent breadth and length is derived for an innovating and a non-innovating country in the presence of imitation. It is found that the innovating country chooses stronger patent protection than the non-innovating country. These patents are compared to the optimal global patent design and it is found they are too weak from a global perspective. Finally, it is shown that the innovating country is unambiguously better off, while the non-innovating country may be worse off with the optimal global patent design

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Publisher Info
Paper provided by Econometric Society in its series Econometric Society 2004 Latin American Meetings with number 35.

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Date of creation: 11 Aug 2004
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Handle: RePEc:ecm:latm04:35

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Keywords: patents;

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Find related papers by JEL classification:
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights

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