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Optimal Patent Length And Breadth

Author

Listed:
  • GILBERT, R.
  • SHAPIRO, C.

Abstract

In providing rewards to innovators, there is a tradeoff between patent length and breadth. This article provides conditions under which the optimal patent policy involves infinitely-lived patents, with patent breadth adjusting to provide the required reward for innovation.
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(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Gilbert, R. & Shapiro, C., 1988. "Optimal Patent Length And Breadth," Papers 28, Princeton, Woodrow Wilson School - Discussion Paper.
  • Handle: RePEc:fth:priwdp:28
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    Keywords

    innovations ; patents ; patent legislation;

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