Toward a Pluralistic Theory on Efficacious Patent Institution

46 Pages Posted: 14 Oct 2006

See all articles by Nari Lee

Nari Lee

HANKEN School of Economics

Date Written: October 12, 2006

Abstract

Time and time again, scholars attempt to assess efficacy of intellectual property institution. The attempts have created vast amount of literatures. None the less, as impressive are the volumes of the works that this enquiry has generated, so is the absence of a generally applicable theory of intellectual property either claiming or disclaiming its efficacy. This paper questions the existence of a general definition of efficiency that is applicable to the assessment of the patent institution. While it is true that the efficiency as applied to specific cases may be definable with the help of further normative criteria and may even be useful, the indeterminacy of efficiency is such degree that a normative explanation of institutional arrangement of intellectual property solely based on efficiency is not as useful.

Keywords: Patent, Normative Efficiency, Technical Efficiency, Pluralism, Policy-lever

Suggested Citation

Lee, Nari, Toward a Pluralistic Theory on Efficacious Patent Institution (October 12, 2006). Available at SSRN: https://ssrn.com/abstract=936893 or http://dx.doi.org/10.2139/ssrn.936893

Nari Lee (Contact Author)

HANKEN School of Economics ( email )

P.O. Box 479
FI-00101 Helsinki, 00101
Finland

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