Economics at your fingertips  

Decentralising the Patent System

Gaétan de Rassenfosse and Kyle Higham ()

Working Papers from Chair of Innovation and IP Policy

Abstract: This paper proposes a substantive re-think of the modern patent system. The patent system has come under intensive criticism in the past, and many scholars have proposed ways to improve it. Ideas for improvement include, e.g., prior-art bounties, contracting out examination and dynamic fee setting. However, many of these ideas have gone unheeded due to the cost of administering them and the rigidity of the patent system. We explore how distributed ledger technologies enable these major changes.

Keywords: blockchain; distributed ledger; intellectual property; patent; smart contract (search for similar items in EconPapers)
JEL-codes: K11 K23 L24 O34 O38 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2019-09
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-law and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
Working Paper: Decentralising the Patent System (2019) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Working Papers from Chair of Innovation and IP Policy Contact information at EDIRC.
Bibliographic data for series maintained by Gaétan de Rassenfosse ().

Page updated 2020-09-17
Handle: RePEc:iip:wpaper:6