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How should the gene be patented?


  • Leon Taylor


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]

Suggested Citation

  • Leon Taylor, 2001. "How should the gene be patented?," Public Economics 0105002, EconWPA.
  • 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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    References listed on IDEAS

    1. Burda, Michael & Wyplosz, Charles, 1994. "Gross worker and job flows in Europe," European Economic Review, Elsevier, vol. 38(6), pages 1287-1315, June.
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    4. Pissarides, Christopher A., 1998. "The impact of employment tax cuts on unemployment and wages; The role of unemployment benefits and tax structure," European Economic Review, Elsevier, vol. 42(1), pages 155-183, January.
    5. Martin J. Osborne & Ariel Rubinstein, 2005. "Bargaining and Markets," Levine's Bibliography 666156000000000515, UCLA Department of Economics.
    6. Smith, Eric, 1994. "Taxation in a two-sided search model," Journal of Public Economics, Elsevier, vol. 54(3), pages 423-435, July.
    7. Goerke, Laszlo, 1998. "Bismarck versus Beveridge: Flat- and earnings-related unemployment insurance in an efficiency wage framework," Discussion Papers, Series I 291, University of Konstanz, Department of Economics.
    8. Hosios, Arthur J, 1990. "Factor Market Search and the Structure of Simple General Equilibrium Models," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 325-355, April.
    9. Berman, Eli, 1997. "Help Wanted, Job Needed: Estimates of a Matching Function from Employment Service Data," Journal of Labor Economics, University of Chicago Press, vol. 15(1), pages 251-292, January.
    10. Goerke, Laszlo, 1999. "Value-added Tax versus Social Security Contributions," IZA Discussion Papers 55, Institute for the Study of Labor (IZA).
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    12. Oliver Jean Blanchard & Peter Diamond, 1989. "The Beveridge Curve," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 1-76.
    13. Alvin E Roth, 2008. "Axiomatic Models of Bargaining," Levine's Working Paper Archive 122247000000002376, David K. Levine.
    14. Arthur J. Hosios, 1990. "On The Efficiency of Matching and Related Models of Search and Unemployment," Review of Economic Studies, Oxford University Press, vol. 57(2), pages 279-298.
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    More about this item


    patents genes market power;

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health


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