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 do not favor 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). © 2007 Springer-Verlag Berlin Heidelberg.
CITATION STYLE
Vallée, T., & YIldIzoglu, M. (2007). Social and technological efficiency of patent systems. In Innovation, Industrial Dynamics and Structural Transformation: Schumpeterian Legacies (pp. 407–424). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-540-49465-2_21
Mendeley helps you to discover research relevant for your work.