This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Economics of Patents: An Overview, The Author info | Abstract | Publisher info | Download info | Related research | Statistics Langinier, Corinne
Moschini, GianCarlo
Additional information is available for the following
registered author(s):
In this paper, we review the economic effects of intellectual property rights and specifically address the economics of the patent system. The production and dissemination of new knowledge is fraught with market failures because knowledge is a public good. Patents provide a second-best solution to the resulting appropriability problem. We review the main benefits and costs of the patent system, focusing on the role that patents play in providing incentives for innovation, in promoting the dissemination of knowledge, and in helping technology transfer and commercialization of new technology. From a more normative perspective, we address the questions of what the features of an optimal patent system are and whether the patent system is socially desirable. We examine the problem of the optimal length and scope of patent protection, both for the case of a single innovation and for the richer case of cumulative innovations. Finally, we review the issues related to how the patent system influences the market structure and research and development investments.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number
2061.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length:
Date of creation: 15 Feb 2002Date of revision:
Handle: RePEc:isu:genres:2061Contact details of provider: Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070 Phone: +1 515.294.6741 Fax: +1 515.294.0221 Email: Web page: http://www.econ.iastate.edu More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Stephanie Bridges).
Keywords: Other versions of this item:
Find related papers by JEL classification: A1 - General Economics and Teaching - - General Economics
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Denicolo, Vincenzo, 1996.
"Patent Races and Optimal Patent Breadth and Length ,"
Journal of Industrial Economics ,
Blackwell Publishing, vol. 44(3), pages 249-65, September.
[Downloadable!] (restricted)
Fudenberg, Drew & Gilbert, Richard & Stiglitz, Joseph & Tirole, Jean, 1983.
"Preemption, leapfrogging and competition in patent races ,"
European Economic Review ,
Elsevier, vol. 22(1), pages 3-31, June.
[Downloadable!] (restricted)
Reinganum, Jennifer F, 1983.
"Uncertain Innovation and the Persistence of Monopoly ,"
American Economic Review ,
American Economic Association, vol. 73(4), pages 741-48, September.
[Downloadable!] (restricted)
Other versions: Dasgupta, Partha & Maskin, Eric, 1987.
"The Simple Economics of Research Portfolios ,"
Economic Journal ,
Royal Economic Society, vol. 97(387), pages 581-95, September.
[Downloadable!] (restricted)
Friedman, David D & Landes, William M & Posner, Richard A, 1991.
"Some Economics of Trade Secret Law ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 5(1), pages 61-72, Winter.
[Downloadable!] (restricted)
DeBrock, Lawrence M, 1985.
"Market Structure, Innovation, and Optimal Patent Life ,"
Journal of Law & Economics ,
University of Chicago Press, vol. 28(1), pages 223-44, April.
Suzanne Scotchmer & Jerry Green, 1990.
"Novelty and Disclosure in Patent Law ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 21(1), pages 131-146, Spring.
[Downloadable!] (restricted)
Other versions: Jerry R. Green & Suzanne Scotchmer, 1995.
"On the Division of Profit in Sequential Innovation ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 26(1), pages 20-33, Spring.
[Downloadable!] (restricted)
Other versions: Kitch, Edmund W, 1977.
"The Nature and Function of the Patent System ,"
Journal of Law & Economics ,
University of Chicago Press, vol. 20(2), pages 265-90, October.
Lee, Tom & Wilde, Louis L, 1980.
"Market Structure and Innovation: A Reformulation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 94(2), pages 429-36, March.
[Downloadable!] (restricted)
Richard Gilbert & Carl Shapiro, 1990.
"Optimal Patent Length and Breadth ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 21(1), pages 106-112, Spring.
[Downloadable!] (restricted)
Other versions: Carl Shapiro, 2001.
"Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting ,"
NBER Chapters ,
in: Innovation Policy and the Economy, Volume 1, pages 119-150
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions:
Carl Shapiro, 2003.
"Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard-Setting ,"
Law and Economics
0303005, EconWPA.
[Downloadable!] Carl Shapiro, 2004.
"Navigating the Patent Thicket: Cross Licenses, Patent Pools and Standard Setting ,"
Levine's Working Paper Archive
122247000000000539, David K. Levine.
[Downloadable!] Carl Shapiro, 2000.
"Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard-Setting ,"
Competition Policy Center, Working Paper Series
CPC00-011, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
[Downloadable!] Paula E. Stephan, 1996.
"The Economics of Science ,"
Journal of Economic Literature ,
American Economic Association, vol. 34(3), pages 1199-1235, September.
[Downloadable!] (restricted)
David, Paul A, 1998.
"Common Agency Contracting and the Emergence of "Open Science" Institutions ,"
American Economic Review ,
American Economic Association, vol. 88(2), pages 15-21, May.
[Downloadable!] (restricted)
Scherer, F M, 1972.
"Nordhaus' Theory of Optimal Patent Life: A Geometric Reinterpretation ,"
American Economic Review ,
American Economic Association, vol. 62(3), pages 422-27, June.
Kenneth Arrow, 1962.
"Economic Welfare and the Allocation of Resources for Invention ,"
NBER Chapters ,
in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626
National Bureau of Economic Research, Inc.
[Downloadable!]
Loury, Glenn C, 1979.
"Market Structure and Innovation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 93(3), pages 395-410, August.
[Downloadable!] (restricted)
Other versions: Ted O'Donoghue & Suzanne Scotchmer & Jacques-François Thisse, 1998.
"Patent Breadth, Patent Life, and the Pace of Technological Progress ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 7(1), pages 1-32, 03.
[Downloadable!] (restricted)
Klemperer, Paul, 1990.
"How Broad Should the Scope of Patent Protection Be? ,"
CEPR Discussion Papers
392, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Pankaj Tandon, 1983.
"Rivalry and the Excessive Allocation of Resources to Research ,"
Bell Journal of Economics ,
The RAND Corporation, vol. 14(1), pages 152-165, Spring.
[Downloadable!] (restricted)
Mazzoleni, Roberto & Nelson, Richard R., 1998.
"The benefits and costs of strong patent protection: a contribution to the current debate ,"
Research Policy ,
Elsevier, vol. 27(3), pages 273-284, July.
[Downloadable!] (restricted)
Nancy T. Gallini, 1992.
"Patent Policy and Costly Imitation ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 23(1), pages 52-63, Spring.
[Downloadable!] (restricted)
Francesca Cornelli & Mark Schankerman, 1999.
"Patent Renewals and R&D Incentives ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 30(2), pages 197-213, Summer.
[Downloadable!] (restricted)
Howard F. Chang, 1995.
"Patent Scope, Antitrust Policy, and Cumulative Innovation ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 26(1), pages 34-57, Spring.
[Downloadable!] (restricted)
Carmen Matutes & Pierre Regibeau & Katharine Rockett, 1996.
"Optimal Patent Design and the Diffusion of Innovations ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 27(1), pages 60-83, Spring.
[Downloadable!] (restricted)
M.A. La Manna, Manfredi, 1992.
"Optimal patent life vs optimal patentability standards ,"
International Journal of Industrial Organization ,
Elsevier, vol. 10(1), pages 81-89, March.
[Downloadable!] (restricted)
Gilbert, Richard J & Newbery, David M G, 1982.
"Preemptive Patenting and the Persistence of Monopoly ,"
American Economic Review ,
American Economic Association, vol. 72(3), pages 514-26, June.
[Downloadable!] (restricted)
Kamien, Morton I & Schwartz, Nancy L, 1974.
"Patent Life and R & D Rivalry ,"
American Economic Review ,
American Economic Association, vol. 64(1), pages 183-87, March.
[Downloadable!] (restricted)
Scotchmer, Suzanne, 1991.
"Standing on the Shoulders of Giants: Cumulative Research and the Patent Law ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 5(1), pages 29-41, Winter.
[Downloadable!] (restricted)
Partha Dasgupta & Joseph Stiglitz, 1980.
"Uncertainty, Industrial Structure, and the Speed of R&D ,"
Bell Journal of Economics ,
The RAND Corporation, vol. 11(1), pages 1-28, Spring.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Moschini, Giancarlo, 2003.
"Intellectual Property Rights and the World Trade Organization: Retrospect and Prospects ,"
Staff General Research Papers
10442, Iowa State University, Department of Economics.
[Downloadable!]
Other versions: Kartin Hussinger, 2005.
"Is Silence Golden? Patents versus Secrecy at the Firm Level ,"
Discussion Papers
37, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
[Downloadable!]
Other versions:
Hussinger, Katrin, 2004.
"Is Silence Golden? : Patents versus Secrecy at the Firm Level ,"
ZEW Discussion Papers
04-78, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
[Downloadable!] Katrin Hussinger, 2006.
"Is Silence Golden? Patents Versus Secrecy At The Firm Level ,"
Economics of Innovation and New Technology ,
Taylor and Francis Journals, vol. 15(8), pages 735-752, November.
[Downloadable!] (restricted) Bulut, Harun & Moschini, GianCarlo, 2005.
"Parallel Research, Multiple Intellectual Property Right Protection Instruments, and the Correlation among R&D Projects ,"
Staff General Research Papers
12415, Iowa State University, Department of Economics.
[Downloadable!]
Other versions:
Access and
download statistics Did you know? Springer Verlag was the first commercial publisher to be listed on RePEc .
This page was last updated on 2009-11-21.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .