Patents and the Diffusion of Technical Information

14 Pages Posted: 16 Mar 2004

See all articles by James E. Bessen

James E. Bessen

Technology & Policy Research Initiative, BU School of Law

Multiple version iconThere are 2 versions of this paper

Date Written: March 2004

Abstract

Does the disclosure requirement of the patent system encourage the diffusion of inventions? This paper builds a simple model where firms choose between patents and trade secrecy to protect inventions. Diffusion is not necessarily more likely with a patent system nor is the market for technology necessarily greater.

Keywords: Patents, innovation, diffusion, trade secrecy

JEL Classification: K3, L5, O3

Suggested Citation

Bessen, James E., Patents and the Diffusion of Technical Information (March 2004). Available at SSRN: https://ssrn.com/abstract=517024 or http://dx.doi.org/10.2139/ssrn.517024

James E. Bessen (Contact Author)

Technology & Policy Research Initiative, BU School of Law ( email )

765 Commonwealth Avenue
Boston, MA 02215
United States

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