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Competition and innovation

Competition and innovation
Competition and innovation
Which kind of intellectual property regime is more favorable to innovation: one that enforces patents or one that does not? Economic theory is unable to answer this question, as valid arguments can be made both for and against patents; hence we must turn to empirical evidence. In this paper, we review empirical evidence gathered by other researchers and add new evidence of our own. We conclude that the evidence
suggests that patents do not promote innovation, but instead retard it.
1935308483
Cato Institute
Boldrin, Michele
ad4970c2-be18-4a2a-bf77-ed363623bb76
Correa, Juan A.
cd6ee1a3-f58b-4f18-941c-3b24512efc35
Levine, David
df39c7bf-bfdc-4f34-bbc9-7158aa0b2152
Ornaghi, Carmine
33275e47-4642-4023-a195-39c91d0146b0
Miron, Jeffrey
407d21e4-3fc8-4661-8d2f-07f7c1f1d52c
Boldrin, Michele
ad4970c2-be18-4a2a-bf77-ed363623bb76
Correa, Juan A.
cd6ee1a3-f58b-4f18-941c-3b24512efc35
Levine, David
df39c7bf-bfdc-4f34-bbc9-7158aa0b2152
Ornaghi, Carmine
33275e47-4642-4023-a195-39c91d0146b0
Miron, Jeffrey
407d21e4-3fc8-4661-8d2f-07f7c1f1d52c

Boldrin, Michele, Correa, Juan A., Levine, David, Ornaghi, Carmine and Miron, Jeffrey (2012) Competition and innovation. In, Cato Papers on Public Policy. Washington, US. Cato Institute.

Record type: Book Section

Abstract

Which kind of intellectual property regime is more favorable to innovation: one that enforces patents or one that does not? Economic theory is unable to answer this question, as valid arguments can be made both for and against patents; hence we must turn to empirical evidence. In this paper, we review empirical evidence gathered by other researchers and add new evidence of our own. We conclude that the evidence
suggests that patents do not promote innovation, but instead retard it.

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cato-ppp-boldrin.pdf - Author's Original
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Accepted/In Press date: 16 December 2011
Published date: 2012
Organisations: Economics

Identifiers

Local EPrints ID: 203277
URI: https://eprints.soton.ac.uk/id/eprint/203277
ISBN: 1935308483
PURE UUID: 66e21b6b-f368-409d-9283-614dd7205f6b
ORCID for Carmine Ornaghi: ORCID iD orcid.org/0000-0003-2704-2537

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Date deposited: 16 Nov 2011 10:19
Last modified: 04 Oct 2018 00:33

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