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Social and Technological Efficiency of Patent Systems

Thomas Vallee and Murat Yildizoglu

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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 do not favor 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: 2005-06-08
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Published in ECIS, Eindhoven University, Jun 2005, Eindhoven, Netherlands. pp.189-206, ⟨10.1007/s00191-005-0004-2⟩

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Related works:
Chapter: Social and technological efficiency of patent systems (2007)
Working Paper: Social and Technological Efficiency of Patent Systems (2007)
Journal Article: Social and technological efficiency of patent systems (2006) Downloads
Working Paper: Social and Technological Efficiency of Patent Systems (2004) Downloads
Working Paper: Social and Technological Efficiency of Patent Systems (2004)
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-00293939

DOI: 10.1007/s00191-005-0004-2

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