Optimal Patent Length and Breadth
In providing rewards to innovators, there is a tradeoff between patent length and breadth. This article provides conditions under which the optimal patent policy involves infinitely-lived patents, with patent breadth adjusting to provide the required reward for innovation.
Year of publication: |
1990
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Authors: | Gilbert, Richard ; Shapiro, Carl |
Published in: |
RAND Journal of Economics. - The RAND Corporation, ISSN 0741-6261. - Vol. 21.1990, 1, p. 106-112
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Publisher: |
The RAND Corporation |
Saved in:
Online Resource
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