The economic importance of patents
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The economic importance of patents by Christopher P. Raymond

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Published by Intellectual Property Institute in [London] .
Written in English


  • Patent laws and legislation -- Great Britain.

Book details:

Edition Notes

Bibliography: p25.

StatementChristopher P. Raymond.
ContributionsIntellectual Property Institute.
The Physical Object
Paginationiii,38p. :
Number of Pages38
ID Numbers
Open LibraryOL22383872M
ISBN 101874001324

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  Patent offices around the world should tighten standards to ensure that only inventions truly worthy of protection receive it, thereby reducing the amount of litigation involving flawed patents. The Importance of Patents The Importance of Patents: It Pays to Know Patent Rules (Click Here for a PDF Version of This Article) A patent is an exclusive right granted by a country to an inventor, allowing the inventor to exclude others from making, using or selling his or her invention in that country during the life of the patent. protection. Moreover, IPRs have gained importance in international transactions of goods and services. These patterns are reflected in the growing global demand for IPRs protection. Section 4 summarizes the economic effects of IPRs protection in terms of (1) creation and diffusion of knowledge and information and (2) market structure and prices.   The economic importance of innovative activity brings with it an active debate on the effect of public policy on the innovation process. This annual series, sponsored by the National Bureau of Economic Research, brings the work of leading academic researchers to the broader policy community, presenting papers that demonstrate the role that economic theory and empirical analysis can play in.

  10 Great Books on American Economic History A discussion of 10 great books that help us better understand American economic history. Each of . It is important to patent the idea before taking this step to prevent someone else from stealing the idea and filing a patent application first. If a patent is granted, the USPTO (United States Patent and Trademark Office) will consider the person who filed first the owner of the patent. Patent Rights and Economic Growth 3 industries in which patents are a more important means of protecting innovations are more responsive to strengthening of national patent protection, the pharmaceutical industry, which relies heavily on patents to protect its proprietary knowledge, should exhibit a higher rate of. Inventions, embodied in patents, are a major driver of long-term regional economic performance, especially if the patents are of higher quality. Research universities, a scientifically-educated.