How Do Patents Affect Research Investments?

Although patent systems have been widely used both historically and internationally, there is nonetheless a tremendous amount of controversy over whether patent systems, in practice, improve the alignment between private returns and social contributions. In this article, I describe three parameters—...

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Bibliographic Details
Main Author: Williams, Heidi L
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Published: Annual Reviews 2018
Online Access:http://hdl.handle.net/1721.1/114175
https://orcid.org/0000-0003-4364-1505