Allenby, Greg M.; Brazell, Jeff; Howell, John R.; … - In: Journal of Law and Economics 57 (2014) 3, pp. 629-629
Ultimately, patents have value to the extent to which the product features enabled by the patents have economic value in the marketplace. Products that are enhanced by inclusion of patented features should generate incremental profits. Incremental profits can be assessed by considering demand...