Patent Failure  | Subtitle : how judges, bureaucrats, and lawyers put innovators at risk
Abstract :
Patent Failure provides the first authoritative and comprehensive look at the economic performance of patents in forty years. James Bessen and Michael Meurer ask whether patents work well as property rights, and, if not, what institutional and legal reforms are necessary to make the patent system more effective.
Patent Failure presents a wide range of empirical evidence from history, law, and economics. The book findings are stark and conclusive. While patents do provide incentives to invest in research, development, and commercialization, for most businesses today, patents fail to provide predictable property rights. Instead, they produce costly disputes and excessive litigation that outweigh positive incentives. Only in some sectors, such as the pharmaceutical industry, do patents act as advertised, with their benefits outweighing the related costs.
Registration No : B2495
Author :
James Bessen and Michael J. Meurer
Edition :
Impresum : Oxfordshire: Princeton University Press, 2008
Description :
Language : English
ISBN 978-0-691-14321-7
Classification:
1. 200 - ECONOMIC COMMUNITY / 240.4 - COMPETITIVE ECONOMIC - Intellectual Property Rights (IPR)
Keyword :
1 Patent
2 Intellectual Property
Availability :
Hard copies 1 of 1
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