Do Patents Perform Like Property?
Michael J. Meurer
Boston University - School of Law
James E. Bessen
Boston University - School of Law; Research on Innovation
Boston Univ. School of Law Working Paper No. 08-08
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, K41working papers series
Date posted: March 7, 2008
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