Patents according to the neo-Schumpeterian approach: an introductory discussion

Eduardo Albuquerque

Brazilian Journal of Political Economy, 1998, vol. 18, issue 4, 561-580

Abstract: This paper deals with the theoretical status of patents, taking the neo-shumpeterianapproach as a reference. Different characteristics of patents are analysed: i) informationalcontents; ii) appropriability of innovation returns; iii) the complex trade-off betweenthe incentives for innovation or diffusion; iv) patent scope and its impact on second generationinnovations; v) barrier to entry. This analysis leads to an evaluation of patent lawsas different mix of these characteristics. Finally, the specificities of patent laws adapted toless-developed countries are discussed. JEL Classification: K11; B52; O34.

Keywords: Neo-Schumpeterian analysis; innovation; patents; national innovation system (search for similar items in EconPapers)
Date: 1998
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