The Economic Impact Of The Patent System

There has been continued debate in Europe over whether to change the patentability of software - or so-called computer-implemented inventions - and to follow the US model of allowing software patents. The European debate has shown a severe lack of empirical analysis on the possible impact of software patenting that goes beyond interest-driven rhetoric. This book seeks to address this shortcoming by taking a two-fold approach. Firstly, a survey of German software companies provides a representative overview of both general strategies to protect inventions and opinions regarding the future IPR regime in the context of innovation strategies - including the importance and use of Open Source software. Secondly, a series of case studies illustrate the varying impacts that patents and other protection strategies can have in specific contexts. This book provides both a theoretical overview of the economic impacts and policy implications of software patents, and an empirical foundation upon which to base a discussion on how to shape the intellectual property regime for software.

At head of title: 85th Cong., 2d sess. Committee print. Bibliography: p. 81-86.

Why does society allow, or even encourage, private appropriation of inventions? When do patents encourage competition, when do they hamper it? These questions and many more are addressed by two eminent scholars in this groundbreaking analysis of the economic foundations of the European patent system.

How effective are patents for stimulating economic activity? This volume provides an overview of existing national patent systems and suggests a revised system.

Intellectual property rights have become increasingly important for our modern economies in recent years. Although the entire patent system has a profound effect on the decision of firms of whether to conduct research and at which volume, patent law is the heart of the entire patent system. Therefore, this book focuses on the economic effects of certain provisions in patent law by using economic models dedicated to patent policy. The first part of the book presents a brief overview over the history of patent systems and introduces the main components of modern patent systems. A short introduction of the principal provisions of US patent law constitutes the centre of the subsequent analysis as it serves as a link between law and economics. The second part presents core economic models for central provisions, collecting the most fundamental results in a national framework in the field of literature. Part three is concerned with selected provisions of patent law in an international framework. It provides valuable insights into the situation of developing countries which are the chief recipients of technology transfers. Patent Policy will be of interest to researchers interested in the field of modelling patent policy. It can be also used as supplementary text in courses in Industrial Organization, Innovation Economics and Law and Economics.