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Social and Technological Efficiency of Patent Systems

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Author Info
Thomas VALLEE (LEN-C3E)
Murat YILDIZOGLU (E3i, IFReDE-GRES)
Abstract

This article develops an evolutionary model of industry dynamics in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. The first results obtained in our article are rather consistent with the anti-patent arguments and they do not favour the case for a stronger patent system: higher social welfare and technical progress are observed in our model in industries with milder patent systems (lower patent height and patent life).

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Paper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2004-11.

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Date of creation: 2004
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Handle: RePEc:grs:wpegrs:2004-11

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Related research
Keywords: Innovation; technical progress; patent system; Intellectual property rights;

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Find related papers by JEL classification:
O3 - Economic Development, Technological Change, and Growth - - Technological Change
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights
L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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This page was last updated on 2009-11-27.

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