Patents and patent policy

By Bronwyn H Hall. 2007

191 citations recorded by the source corpus.

A patent is the legal right of an inventor to exclude others from making or using a particular invention. This right is sometimes termed an ‘intellectual property right’ and is viewed as an incentive for innovation. This article surveys the evidence on patent effectiveness in encouraging innovation and reviews the current controversies in patent policy.

Subfields: Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/ef42cdacc1e518bba86866aac897517b331a943f

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In Economics and Econometrics

In Management of Technology and Innovation

Citations in the corpus

Patent Rights and Economic Growth: Evidence from Cross-Country Panels of Manufacturing Industries (2013, unknown): “However, the empirical evidence on the effect of IP rights, particularly patent laws, on economic growth has been scarce and inconclusive (Hall 2007; Hu and Jaffe 2007).”
University Innovation and the Professor's Privilege (2016, unknown): “The somewhat greater income of the non-university PhDs is consistent with observations elsewhere that university researchers are paid less than those taking jobs in industry (Stern 2004).”
Innovation and the Survival of New Firms in the UK (2010, background): “Patents may also serve strategic purposes, such as deterring and blocking competitors from entering a certain market (Hall and Ziedonis 2001; Hall 2007).”
Democratization is the Driving Force for Technological and Economic Change (2010, unknown): “15 invention for a limited period of time, generally 20 years [46, 48].”
Recent Research on the Economics of Patents (2012, unknown): “ Its most important provision gave applicants who were nationals or residents of one member state the right to file an application in their own country and then, as long as an 6 Some of the material in this section is drawn from Hall (2007).”
National and Sub-national Policies and Institutions (2014, background): “Public policy towards intellectual property inherently involves a trade-off between the desire to 3 create incentives for knowledge creators and developers, and the desire to have new knowledge 4 used as widely as possible once it is created (Hall, 2007).”
Innovation across Europe: how important are institutional differences? (2011, background): “Furthermore, as noted by Hall (2007): (1) strengthening a patent system (lengthening the patent term, broadening subject matter coverage or available scope, improving enforcement) unambiguously results in an increase in patenting and also in the use of patents as a tool of firm strategy; (2) an…”