We investigate whether patents that are jointly held by legally independent companies help sustain product-market collusion. We use a simple model of repeated interactions to show that joint patents can serve collusive purposes. Our model generates two testable predictions: when joint patents...

Over the past thirty years, the world’s patent systems have experienced pressure from civil society like never before. From farmers to patient advocates, new voices are arguing that patents impact public health, economic inequality, morality and democracy. These challenges, to domains that we...

"The book explores how technological competition is linked to the geopolitical contest between the US and China, and why Europe and the European Union (EU) have become involved in this competition for technological supremacy. China's political and economic rise, the concurrent US withdrawal from...