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Economic Insights and Deficits in European Biotechnology Patent Policy

  • Gilroy, Bernard Michael
  • Vollpert, Tobias

The decisive statutory provision of the EU for patent protection of genetic engineering inventions is the so-called directive on biotechnological patents (DBP). Its objective is the encouragement of research and development in the genetic engineering sector. The following exposition shows that the DBP has two major flaws from the economist's point of view, under which particularly small and medium-sized enterprises, the driving force of this young line of business, suffer.

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File URL: http://mpra.ub.uni-muenchen.de/17979/1/MPRA_paper_17979.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 17979.

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Date of creation: May 2002
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Handle: RePEc:pra:mprapa:17979
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  1. Klemperer, Paul, 1990. "How Broad Should the Scope of Patent Protection Be?," CEPR Discussion Papers 392, C.E.P.R. Discussion Papers.
  2. Denicolo, Vincenzo, 1999. "The optimal life of a patent when the timing of innovation is stochastic," International Journal of Industrial Organization, Elsevier, vol. 17(6), pages 827-846, August.
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