We analyze optimal patent design when innovators can rely on secrecy to protect their innovations. Secrecy provides a temporary monopoly, which terminates when the secret leaks out or the innovation is duplicated. We find conditions under which the optimal policy is to induce the first innovator...

International comparisons of patent systems are essential to harmonization treaties and to analyze economic growth. Yet these comparisons often rely on little but conventional wisdom. This paper develops an empirical method to compare the economic strength and quality of patent systems by using...

Software differs from other electromechanical technologies because of the unique process by which software programs are invented. In particular, software developers create novel executable software programs, which are components of a computer, by conceiving of and specifying such programs solely...

ANR Patentes is an Argentinean program that gives grants for patents applications to innovative firms, entrepreneurs and researchers. Throughout the period 2007-2017, 83 projects (out of 195) were funded. Based on secondary sources and a survey conducted to beneficiaries, this study reconstructs...