Showing 1 - 10 of 724
We examine the relationship between patent protection for pharmaceuticals and investment in development of new drugs …. Patent protection has increased around the world as a consequence of the TRIPS Agreement, which specifies minimum levels of … pharmaceutical research efforts, and so greater patent protection in developing and least-developed countries might result in greater …
Persistent link: https://www.econbiz.de/10008625935
Price controls create opportunities for international arbitrage. Many have argued that such arbitrage, if tolerated, will undermine intellectual property rights and dull the incentives for investment in research-intensive industries such as pharmaceuticals. We challenge this orthodox view and...
Persistent link: https://www.econbiz.de/10005714512
policies in a non-cooperative regime of patent protection, we ask, Why are patents longer in the North? We also study … international patent agreements by deriving the properties of an efficient global regime of patent protection and asking whether … harmonization of patent policies is necessary or sufficient for global efficiency. …
Persistent link: https://www.econbiz.de/10005830197
In a dynamic environment where underlying competition is "for the market," this paper examines what happens when entrants and incumbents can instead negotiate for the market. For instance, this might arise when an entrant innovator can choose to license to or be acquired by an incumbent firm;...
Persistent link: https://www.econbiz.de/10010950674
scientist and (b) applied for (an eventually granted) patent with non-patent references, where these references are used …
Persistent link: https://www.econbiz.de/10010950753
existence of strong patent laws encourage innovation? And 2) May patent laws influence the direction - as opposed to the rate … to address problems with the current patent system: 3) How do patent pools, as a mechanism to mitigate litigation risks …
Persistent link: https://www.econbiz.de/10010950825
This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries … duration and content of patent and price control regimes. Price regulation strongly delays launch, while longer and more … extensive patent protection accelerates it. Health policy institutions, and economic and demographic factors that make markets …
Persistent link: https://www.econbiz.de/10010950846
This paper is an exercise in comparative institutional analysis, asking what kinds of arrangements most facilitate innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may be particularly conducive to innovation, and...
Persistent link: https://www.econbiz.de/10010950953
Recent accounts suggest the development and commercialization of invention has become more "open." Greater division of labor between inventors and innovators can enhance social welfare through gains from trade and greater economies of specialization. Moreover, this extensive reliance upon...
Persistent link: https://www.econbiz.de/10010951285
This paper assesses the validity and accuracy of firms' backward patent citations as a measure of knowledge flows from … associated with backward citations to both patent and nonpatent references. We find that patent citations reflect the codified …, as well as those used in firm basic research. We also find that firms' patenting and citing strategies affect patent …
Persistent link: https://www.econbiz.de/10010951458