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On the Socially Optimal Patent Policy

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  • Takalo, T.

Abstract

The 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 Info

Paper provided by Department of Economics in its series University of Helsinki, Department of Economics with number 458.

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Length: 14 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:helsec:458

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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
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Web page: http://www.helsinki.fi/politiikkajatalous/
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Keywords: PATENTS ; INNOVATIONS ; RESEARCH AND DEVELOPMENT;

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