Does it Matter Who Has the Right to Patent: First-to-Invent or First-to-File? Lessons from Canada
McGill University - Department of Economics
Assumption University; National Bureau of Economic Research (NBER)
NBER Working Paper No. w14926
A switch to a first-to-file patent regime from its first-to-invent system has become imminent for the U.S. To learn about probable effects of such a policy change, we examine a similar switch that occurred in Canada in 1989. We find that the switch failed to stimulate Canadian R&D efforts. Nor did it have any effects on overall patenting. However, the reforms had a small adverse effect on domestic-oriented industries and skewed the ownership structure of patented inventions towards large corporations, away from independent inventors and small businesses. These findings challenge the merits of adopting a first-to-file patent regime.
Number of Pages in PDF File: 49working papers series
Date posted: April 29, 2009
© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo7 in 0.360 seconds