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Do Patents Perform Like Property?

Michael J. Meurer
Boston University - School of Law

James E. Bessen
Research on Innovation; Boston University - School of Law



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.

Keywords: patent, property rights, research and development

JEL Classifications: O31, O34, K41

Working Paper Series

Date posted: March 07, 2008 ; Last revised: April 16, 2008

Suggested Citation

Meurer, Michael J. and Bessen, James E., Do Patents Perform Like Property?. Boston Univ. School of Law Working Paper No. 08-08. Available at SSRN: http://ssrn.com/abstract=1103143


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Contact Information

Michael J. Meurer (Contact Author)
Boston University - School of Law ( email )
765 Commonwealth Avenue
Boston, MA 02215
United States
617-353-6292 (Phone)
617-353-3077 (Fax)
James E. Bessen
Research on Innovation ( email )
202 High Head Rd.
Harpswell, ME 04079
United States
617-531-2092 (Phone)
Boston University - School of Law ( email )
765 Commonwealth Avenue
Boston, MA 02215
United States
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