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- W2322697612 abstract "Knowledge generation and innovation are the cornerstones of every modern developed economy. Not only do they bring benefits to the firms engaging in them, they also induce positive externalities (or spillovers) to other agents in the economy (Arrow, 1962). Accordingly, governments around the world have implemented various mechanisms and public policies to encourage innovation by protecting the fruits of intellectual property (IP). Patents, copyrights, and trademarks are some of the most common forms of IP protection. However, some of these IP protection mechanisms, particularly patents, have recently been criticized for hindering, rather than encouraging innovation (e.g., Boldrin and Levine, 2013 Jaffe and Lerner, 2004; Bessen and Meurer, 2008). For instance, in the context of the US patent system, Jaffe and Lerner (2004) have argued that patent quality has deteriorated over time, as patent examiners at the Unites States Patents and Trademark Office (USPTO) have experienced rising pressures and incentives to grant patents. Bessen and Meurer (2008) have further argued that this has led to substantial increases in patent litigation, increasing the (expected) costs of patent protection, and hence potentially providing disincentives to innovation. This symposium brings together four papers that contribute to this discussion on the benefits and costs of IP protection by illuminating the specific mechanisms through which IP rights are allocated and used. Codifying Prior Art and Patenting: Natural Experiment of Herbal Patent Prior Art Adoption Presenter: Prithwiraj Choudhury; Harvard U. Does Patent Litigation Reduce Corporate R&D? An Analysis of US Public Firms Presenter: Roger Smeets; Rutgers U. Copyright and Creativity: Evidence from Romantic Period Authors Presenter: Megan MacGarvie; Boston U. What is the Probability of Receiving a US Patent? Presenter: Deepak Hegde; New York U." @default.
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- W2322697612 date "2014-01-01" @default.
- W2322697612 modified "2023-09-27" @default.
- W2322697612 title "Patents and Intellectual Property Rights" @default.
- W2322697612 doi "https://doi.org/10.5465/ambpp.2014.14190symposium" @default.
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