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inventions". Some hold that protection is essential to encourage innovation and development of new products. Others argue that …
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Few systematic economic evaluations have been carried out on patent system to better inform policy choices. This report, which covers a range of areas, and highlights some issues that policy makers should address in the near future, including markets for technology, patenting by public reserach...
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The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …
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innovation for less than the full length of the patent and that royalty contracts can be used to overcome a time …
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