The Case against Patents
Washington University in Saint Louis
David K. Levine
Washington University in Saint Louis - Department of Economics; European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS)
FRB of St. Louis Working Paper No. 2012-035A
The case against patents can be summarized briefly: there is no empirical evidence that they serve to increase innovation and productivity. There is strong evidence, instead, that patents have many negative consequences.
Number of Pages in PDF File: 25
Keywords: patent, innovation, productivity
JEL Classification: D04, D23, O12, O34
Date posted: September 18, 2012
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