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- W1590744950 abstract "Patent law seeks to spur innovation by helping ensure that the inventor secures adequate compensation for his efforts. These incentives do not come without cost. Because the inventor is given a monopoly over the use of his invention, improvements on the invention may be stunted due to the in terrorem effect of possible infringement liability. With these concomitant externalities, prominent economists have argued that current patent law and jurisprudence fail to reach an optimal compromise between return to the investor and public welfare despite their lofty aims." @default.
- W1590744950 created "2016-06-24" @default.
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- W1590744950 date "2007-01-01" @default.
- W1590744950 modified "2023-09-28" @default.
- W1590744950 title "Economics of Patent Law Revisited: Positing a Return on Investment Paradigm" @default.
- W1590744950 hasPublicationYear "2007" @default.
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