Patents and Research Investments: Assessing the Empirical Evidence
A well-developed theoretical literature--dating back at least to Nordhaus (1969)--has analyzed optimal patent policy design. We re-present the core trade-off of the Nordhaus model and highlight an empirical question which emerges from the Nordhaus framework as a key input into optimal patent policy...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
American Economic Association
2017
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Online Access: | http://hdl.handle.net/1721.1/110214 https://orcid.org/0000-0001-8246-4877 https://orcid.org/0000-0003-4364-1505 |