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Recent Research on the Economics of Patents

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  • Bronwyn H. Hall
  • Dietmar Harhoff

Abstract

Recent research on the economics of patents is surveyed. The topics covered include theoretical and empirical evidence on patents as an incentive for innovation, the effectiveness of patents for invention disclosure, patent valuation, and what we know about the design of patent systems. We also look at what is known about some current policy areas, including software and business method patents, university patenting, and the growth in patent litigation.

Suggested Citation

  • Bronwyn H. Hall & Dietmar Harhoff, 2012. "Recent Research on the Economics of Patents," NBER Working Papers 17773, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:17773
    Note: LE PR
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    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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