On the Socially Optimal Patent Policy
AbstractThe performance of the institutional structure protecting intellectual property is a matter of deep concern in determining economic well-being. Unfortunately, economic theory has been of little help in providing straightforward advice for policy-makers, the range of contradictory results reported in literature being rather impressive. The aim of this article is to develop a very stylised model that encompasses a variety of different findings, and to derive a general rule for the optimal patent policy.
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Bibliographic InfoPaper provided by Department of Economics in its series University of Helsinki, Department of Economics with number 458.
Length: 14 pages
Date of creation: 1999
Date of revision:
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Postal: University of Helsinki; Department of Economics, P.O.Box 54 (Unioninkatu 37) FIN-00014 Helsingin Yliopisto
Phone: +358 9 191 8897
Fax: +358 9 191 8877
Web page: http://www.helsinki.fi/politiikkajatalous/
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PATENTS ; INNOVATIONS ; RESEARCH AND DEVELOPMENT;
Find related papers by JEL classification:
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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