Intellectual property rights have become increasingly important for
our modern economies in recent years. Although the entire patent
system has a profound effect on the decision of firms of whether to
conduct research and at which volume, patent law is the heart of
the entire patent system. Therefore, this book focuses on the
economic effects of certain provisions in patent law by using
economic models dedicated to patent policy. The first part of the
book presents a brief overview over the history of patent systems
and introduces the main components of modern patent systems. A
short introduction of the principal provisions of US patent law
constitutes the centre of the subsequent analysis as it serves as a
link between law and economics. The second part presents core
economic models for central provisions, collecting the most
fundamental results in a national framework in the field of
literature. Part three is concerned with selected provisions of
patent law in an international framework. It provides valuable
insights into the situation of developing countries which are the
chief recipients of technology transfers. Patent Policy will be of
interest to researchers interested in the field of modelling patent
policy. It can be also used as supplementary text in courses in
Industrial Organization, Innovation Economics and Law and
Economics.
General
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