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The case against patents

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  • Michele Boldrin
  • David K. Levine
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    Abstract

    The case against patents can be summarized briefly: there is no empirical evidence that they serve to increase innovation and productivity. There is strong evidence, instead, that patents have many negative consequences.

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    File URL: http://research.stlouisfed.org/wp/2012/2012-035.pdf
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    Bibliographic Info

    Paper provided by Federal Reserve Bank of St. Louis in its series Working Papers with number 2012-035.

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    Date of creation: 2012
    Date of revision:
    Handle: RePEc:fip:fedlwp:2012-035

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    Related research

    Keywords: Patents ; Productivity;

    This paper has been announced in the following NEP Reports:

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Carlos J. POnce, 2007. "More secrecy... more knowledge disclosure? : On disclosure outside of patents," Economics Working Papers we077241, Universidad Carlos III, Departamento de Economía.
    2. Alessandro Nuvolari, 2004. "Collective invention during the British Industrial Revolution: the case of the Cornish pumping engine," Cambridge Journal of Economics, Oxford University Press, vol. 28(3), pages 347-363, May.
    3. Petra Moser, 2003. "How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World Fairs," NBER Working Papers 9909, National Bureau of Economic Research, Inc.
    4. Shapiro, Carl, 2007. "Patent Reform: Aligning Reward and Contribution," Competition Policy Center, Working Paper Series qt1qm754rc, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    5. Gaston Llanes & Stefano Trento, 2009. "Patent policy, patent pools, and the accumulation of claims in sequential innovation," Harvard Business School Working Papers 10-005, Harvard Business School.
    6. Brett Danaher & Samita Dhanasobhon & Michael D. Smith & Rahul Telang, 2010. "Converting Pirates Without Cannibalizing Purchasers: The Impact of Digital Distribution on Physical Sales and Internet Piracy," Marketing Science, INFORMS, vol. 29(6), pages 1138-1151, 11-12.
    7. Howitt, Peter & Griffith, Rachel & Aghion, Philippe & Blundell, Richard & Bloom, Nick, 2005. "Competition and Innovation: An Inverted-U Relationship," Scholarly Articles 4481507, Harvard University Department of Economics.
    8. Moser, Petra, 2004. "Determinants of Innovation Evidence from 19th Century World Fairs," The Journal of Economic History, Cambridge University Press, vol. 64(02), pages 548-552, June.
    9. Juan A. Correa, 2012. "Innovation and competition: An unstable relationship," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(1), pages 160-166, 01.
    10. Michele Boldrin & Juan C Allamand & David K Levine & Carmine Ornaghi, 2011. "Competition and Innovation," Levine's Working Paper Archive 786969000000000232, David K. Levine.
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. The evil of patents
      by Economic Logician in Economic Logic on 2012-10-18 14:35:00
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    Cited by:
    1. David S. Abrams & Ufuk Akcigit & Jillian Popadak, 2013. "Patent Value and Citations: Creative Destruction or Strategic Disruption?," PIER Working Paper Archive 13-065, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

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