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Social and Technological Efficiency of Patent Systems

Murat Yildizoglu and Thomas Vallee

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Abstract: This article develops an evolutionary model of industry dynamics in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. The first results obtained in our article are rather consistent with the anti-patent arguments and they do not favour the case for a stronger patent system: higher social welfare and technical progress are observed in our model in industries with milder patent systems (lower patent height and patent life).

Keywords: Innovation; Technical progress; Patent system; Intellectual property rights (IPR); Technology policy (search for similar items in EconPapers)
Date: 2007
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Published in Uwe Cantner; Franco Malerba. Innovation, Industrial Dynamics and Structural Transformation Schumpeterian Legacies, 16, Springer, pp.407-427, 2007, 978-3-540-49464-5. ⟨10.1007/978-3-540-49465-2_21⟩

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Chapter: Social and technological efficiency of patent systems (2007)
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Working Paper: Social and Technological Efficiency of Patent Systems (2004)
Working Paper: Social and Technological Efficiency of Patent Systems (2004) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00238463

DOI: 10.1007/978-3-540-49465-2_21

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