Unproductive entrepreneurship and patents
Adam Karbowski ()
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Adam Karbowski: SGH Warsaw School of Economics, Collegium of World Economy
Bank i Kredyt, 2021, vol. 52, issue 5, 473-494
Abstract:
The aim of this article is to define and discuss the significant phenomenon of unproductive entrepreneurship in patent use. First, the fundamental (incentivising productive entrepreneurial behaviour) and non-fundamental (possibly serving rent-seeking purposes) functions of patents are distinguished. Next, the non-fundamental patenting motives are classified into (i) driven by the environment and (ii) driven by the internal organisation. Further, the behavioural foundations for unproductive entrepreneurship in patents are investigated with the use of institutional analysis and game theory methods. Based on this novel analysis, it is finally suggested that economic theory and patent law have gone apart, warranting a call for a change in the current intellectual property system.
Keywords: economic theory; patent law; institutions; innovation (search for similar items in EconPapers)
JEL-codes: K11 O34 P14 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:nbp:nbpbik:v:52:y:2021:i:5:p:473-494
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