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The Battle over Patents - History and Politics of Innovation (Hardcover)
Loot Price: R2,717
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The Battle over Patents - History and Politics of Innovation (Hardcover)
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An examination of how the patent system works, imperfections and
all, to incentivize innovation Do patents facilitate or frustrate
innovation? Lawyers, economists, and politicians who have staked
out strong positions in this debate often attempt to validate their
claims by invoking the historical record-but they frequently get
the history wrong. The Battle over Patents gets it right. Bringing
together thoroughly researched essays from prominent historians and
social scientists, this volume traces the long and contentious
history of patents and examines how they have worked in practice.
Editors Stephen H. Haber and Naomi R. Lamoreaux show that patent
systems are the result of contending interests at different points
in production chains battling over economic surplus. The larger the
potential surplus, the more extreme are the efforts of contending
parties-now and in the past-to search out, generate, and exploit
any and all sources of friction. Patent systems, as human
creations, are therefore necessarily ridden with imperfections.
This volume explores these shortcomings and explains why, despite
all the debate, historically US-style patent systems still dominate
all other methods of encouraging inventive activity.
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