Promoting Intellectual Discovery: Patents Versus Markets
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Governments have strong incentives to allow their inventors to free ride on foreign technologies. They can achieve this result by discriminating against foreigners in the patent system-by refusing to grant foreigners a patent for their inventions. Internat ...
As an important policy instrument for guiding innovation, the patent system involves a long-standing tension between creating economic rewards for the original innovators and stifling subsequent R&D activities. The availability of new data allows us to pr ...
Patents have traditionally been used in the history of technology as an indication of the thinking process of the inventors, of the challenges or “reverse salients” they faced, or of the social groups influencing the construction of technology. More recent ...
Economic interpretations, in particular the lens of the Industrial Revolution, have strongly influenced our understanding of the rise of intellectual property. This article examines the political origins of the 1791 patent law in France, which is usually s ...
Inventions of foreign origin are about ten percentage points less likely to be granted a U.S. patent than domestic inventions. An empirical analysis of 1.5 million U.S. patent applications identifies three systematic differences between foreign and domesti ...
Our understanding of the rise of intellectual property has been highly influenced by the tools and concepts of economic history and the lens of the Industrial Revolution. Looking at the case of France, this article examines the cultural and ideological ori ...
This thesis addresses the question of a patent value from three different angles. It comprises three papers on the patent valuation methods. The patent valuation issues are well-known to the world of research and practice. However, the debates over what th ...
This thesis investigates the economic effect of patents and the patent system through the lens of patent commercialisation. The thesis is composed of four chapters, where each chapter is an independent scientific paper. In the first chapter, we present a n ...
In this paper, we introduce a model of a financial market as a multiagent repeated game where the players are market makers. We formalize the concept of market making and the parameters of the game. Our main contribution is a framework that combines game t ...
Modern patent systems are slow, inefficient, expensive, and may result in outcomes that actively harm technological progress. This paper proposes a substantive re-think of these systems and lays a foundation upon which practical solutions can be built. Man ...
