The Case against Patents

FRB of St. Louis Working Paper No. 2012-035A

25 Pages Posted: 18 Sep 2012  

Michele Boldrin

Washington University in St. Louis

David K. Levine

Washington University in St. Louis - Department of Economics; European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS)

Date Written: September 2012

Abstract

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.

Keywords: patent, innovation, productivity

JEL Classification: D04, D23, O12, O34

Suggested Citation

Boldrin, Michele and Levine, David K., The Case against Patents (September 2012). FRB of St. Louis Working Paper No. 2012-035A. Available at SSRN: https://ssrn.com/abstract=2148738 or http://dx.doi.org/10.2139/ssrn.2148738

Michele Boldrin

Washington University in St. Louis ( email )

One Brookings Drive
Saint Louis, MO 63130-4899
United States

David K. Levine (Contact Author)

Washington University in St. Louis - Department of Economics ( email )

One Brookings Drive
St. Louis, MO 63130
United States

HOME PAGE: http://www.dklevine.com

European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS) ( email )

Villa La Fonte, via delle Fontanelle 18
50016 San Domenico di Fiesole
Florence, Florence 50014
Italy

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