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How should the gene be patented?

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  • Leon Taylor

Abstract

Patenting may speed up genetic research when small inventors face high research and development costs and also face large rivals that produce at declining marginal costs. Even with patents, however, small inventors may turn down socially beneficial projects when they believe that R&D spending will advance their rivals’ research more than their own. [JEL H41, I18]

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File URL: http://128.118.178.162/eps/pe/papers/0105/0105002.pdf
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File URL: http://128.118.178.162/eps/pe/papers/0105/0105002.doc.gz
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Bibliographic Info

Paper provided by EconWPA in its series Public Economics with number 0105002.

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Length: 17 pages
Date of creation: 08 May 2001
Date of revision:
Handle: RePEc:wpa:wuwppe:0105002

Note: Type of Document - Microsoft Word 2000; prepared on Compaq Presario 2000; to print on HP; pages: 17; figures: none
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Web page: http://128.118.178.162

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Keywords: patents genes market power;

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