Social and Technological Efficiency of Patent Systems
AbstractThis 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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Bibliographic InfoPaper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2004-11.
Date of creation: 2004
Date of revision:
Innovation; technical progress; patent system; Intellectual property rights;
Other versions of this item:
- Thomas Vallée & Murat YıLdızoğlu, 2006. "Social and technological efficiency of patent systems," Journal of Evolutionary Economics, Springer, vol. 16(1), pages 189-206, April.
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
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