Social and Technological Efficiency of Patent Systems

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2006

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info:eu-repo/semantics/altIdentifier/doi/10.1007/978-3-540-49465-2_21

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Murat Yildizoglu et al., « Social and Technological Efficiency of Patent Systems », HAL-SHS : économie et finance, ID : 10.1007/978-3-540-49465-2_21


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This article develops an evolutionary model of industry dynamics in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. The first results obtained in our article are rather consistent with the anti-patent arguments and they do not favour the case for a stronger patent system: higher social welfare and technical progress are observed in our model in industries with milder patent systems (lower patent height and patent life).

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