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Competition and innovation

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


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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Accepted/In Press date: 16 December 2011
Published date: 2012
Organisations: Economics


Local EPrints ID: 203277
ISBN: 1935308483
PURE UUID: 66e21b6b-f368-409d-9283-614dd7205f6b

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Date deposited: 16 Nov 2011 10:19
Last modified: 18 Jul 2017 11:08

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Author: Michele Boldrin
Author: Juan A. Correa
Author: David Levine
Author: Carmine Ornaghi
Author: Jeffrey Miron

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