Since its creation more than 200 years ago, the patent system has played an important role in stimulating technological innovation by providing legal protection to inventions of every description and by disseminating useful technical information about them (Machlup & Penrose 1950, Scotchmer 2005). Driven by the growing importance of technology to a nation’s well-being over the last century, the role of patents in the economy becomes increasingly important. Ever-growing numbers of patent applications are a clear indication that firms of all sizes as well as universities and public institutions are ascribing greater value to patents and are willing to bear higher costs to acquire, exercise and defend them in court (National Research Council 2004).
KeywordsPatent Application European Patent Office Patent System Transaction Cost Economic Patent Office
Unable to display preview. Download preview PDF.
- Brezger, J., Green, D. & Lang, S. (2003), BayesX: Analysing Bayesian Structured Additive Regression Models, Discussion Paper 332, SFB 386, University of Munich. Revised for Journal of Statistical Software.Google Scholar
- Cohen, W. & Merrill, S. (2003), Patents in the Knowledge-Based Economy, National Academies Press, Washington.Google Scholar
- Fahrmeir, L. & Tutz, G. (2001), Multivariate Statistical Modelling based on Generalized Linear Models, 2nd edn. Springer-Verlag, New York.Google Scholar
- Hall, B. (2004), Exploring the Patent Explosion, Working Paper 10605, NBER.Google Scholar
- Harhoff, D. & Reitzig, M. (2001), ‘Strategien zur Gewinnmaximierung bei der Anmeldung von Patenten’, Zeitschrift für Betriebswirtschaft 71 (5), 509–529.Google Scholar
- Machlup, F. & Penrose, E. (1950), ‘The Patent Controversy in the Nineteenth Century’, The Journal of Economic History 10 (1).Google Scholar
- National Research Council (2004), A Patent System for the 21st Century, The National Academies Press, Washington, D.C.Google Scholar
- Picot, A., Dietl, H. & Franck, E. (2005), Organisation, 4 edn. Schaffer-Poeschl, Stuttgart.Google Scholar
- Scotchmer, S. (2005), Innovation and Incentives, MIT Press, Cambridge, MA.Google Scholar