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Do Patents Perform Like Property?Michael J. MeurerBoston University - School of Law James E. BessenBoston University - School of Law; Research on Innovation Boston Univ. School of Law Working Paper No. 08-08 Abstract: Do patents provide critical incentives to encourage investment in innovation? Or, instead, do patents impose legal risks and burdens on innovators that discourage innovation, as some critics now claim? This paper reviews empirical economic evidence on how well patents perform as a property system.
Number of Pages in PDF File: 31 Keywords: patent, property rights, research and development JEL Classification: O31, O34, K41 working papers seriesDate posted: March 7, 2008Suggested CitationContact Information
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