Optimal Patent Length And Breadth
AbstractIn providing rewards to innovators, there is a tradeoff between patent length and breadth. This article provides conditions under which the optimal patent policy involves infinitely-lived patents, with patent breadth adjusting to provide the required reward for innovation.
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Bibliographic InfoPaper provided by Princeton, Woodrow Wilson School - Discussion Paper in its series Papers with number 28.
Length: 9 pages
Date of creation: 1988
Date of revision:
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Postal: PRINCETON UNIVERSITY, WOODROW WILSON SCHOOL OF PUBLIC AND INTERNATIONAL AFFAIRS, DEPARTMENT OF ECONOMICS, PRINCETON NEW-JERSEY 08542 U.S.A.
Phone: (609) 258-4800
Web page: http://www.wws.princeton.edu/
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innovations ; patents ; patent legislation;
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