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Annual Review of Economics

Volume 4, 2012

Review Article

Recent Research on the Economics of Patents

Bronwyn H. Hall^1,2,3,4, and Dietmar Harhoff^5,6
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Affiliations: ¹Department of Economics, University of California, Berkeley, California 94708; email: [email protected] ²Department of Economics, University of Maastricht, 6211 TC Maastricht, The Netherlands ³National Bureau of Economic Research, Cambridge, Massachusetts 02138 ⁴Institute for Fiscal Studies, WC1E 7AE London, United Kingdom ⁵INNO-tec, Ludwig-Maximilians-Universität München, D-80539 München, Germany; email: [email protected] ⁶Centre for Economic Policy Research, EC1V 3PZ London, United Kingdom
Vol. 4:541-565 (Volume publication date September 2012) https://doi.org/10.1146/annurev-economics-080511-111008
© Annual Reviews

Abstract

This review surveys recent research on the economics of patents. The topics covered include theoretical and empirical evidence on patents as incentives for innovation, the effectiveness of patents for invention disclosure, patent valuation, and the design of patent systems. We also look at some current policy areas, including software and business method patents, university patenting, and the growth in patent litigation.

Keyword(s): disclosure, innovation, invention, IPR, licensing, litigation

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2012-09-26

2024-04-24

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Recent Research on the Economics of Patents

Annual Review of Economics 4, 541 (2012); https://doi.org/10.1146/annurev-economics-080511-111008

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Article Type: Review Article

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