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This chapter applies the framework of public goods to knowledge. It shows that knowledge has some characteristics of … public good, such as being non-rival in consumption and in the long run non excludable. But it also argues that knowledge … cannot be transferred from producers to users at low or negligible costs: to effectively use knowledge, prospective users …
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use both academic publications and patent data to trace the geographical distribution of related knowledge and innovation …
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We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent litigation system where infringement and validity of a patent are decided independently by different courts. We show that bifurcation creates situations in which a patent is held...
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