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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 SeriesDate posted: March 07, 2008 ; Last revised: April 16, 2008Suggested CitationContact Information
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