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Do patents perform like property?
Patents are supposed to provide incentives for inventors to invest in innovation and in the commercialization of their ideas. It is often argued that patents do this because they are a form of property, namely "intellectual property." Given the effectiveness of property rights, it might seem to follow that strong patent rights should also promote innovation and economic growth. This paper surveys empirical research on the economic performance of patents, comparing this research to similar research on property rights. The paper aims to compare the evidence of economic payoff from general property rights to the evidence of economic payoff from patents. If the analogy to property is close, there should be similar evidence of economic payoff. The evidence paints a rather mixed picture. In some industries, such as pharmaceuticals, patents provide strong positive incentives to invest in innovation. But in many other industries -- perhaps most -- patents fail to perform like property, and they may actually discourage innovation.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| AMP2203 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Briarcliff Manor, NY: The Academy of Management 2008 |
|---|---|
| Edisi | Vol. 22, No. 3, Aug., 2008 |
| Subjek | Pharmaceutical industry Innovation Property rights Industrial revolution Patents cross-country studies |
| ISBN/ISSN | 15589080 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 13 p. |
| Info Detail Spesifik | Academy of Management Perspectives |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |