Patents: Prompting or Restricting Innovation?: 12 (Smart Innovation Set) - Hardcover

Baudry, Marc; Dumont, Béatrice

Hardcover

ISBN 10: 1786301180 ISBN 13: 9781786301185

Publisher: Wiley-ISTE, 2017

Synopsis

The patent system is criticized today by some practitioners and economists. In fact, there is a partial disconnection between patent demographics and productivity gains, but also the development of actors who do not innovate and who develop business models that their detractors equate with a capture of annuities or a dangerous commodification of patents.

This book provides a less Manichaean view of the position of patents in the system of contemporary innovation. It first recalls that these criticisms are not new, before arguing that if these criticisms have been revived, it is because of a partial shift from an integrated innovation system to a much more fragmented and open system. This shift accompanied the promotion of a more competitive economy. The authors show that this movement is coherent with a more intensive use of patents, but also one that is more focused on their signal function than on their function of direct monetary incentive to innovation.

About this title

About the Author

Marc Baudry is Professor at the University of Paris-Nanterre in France and research fellow at EconomiX (CNRS) and Climate Economics Chair.

Béatrice Dumont is Professor of Economics at Sorbonne Paris Cité in France and a visiting Professor at the College of Europe.

Edition details

• Publisher: Wiley-ISTE
• Publication date: 2017
• Language: English
• ISBN 10: 1786301180
• ISBN 13: 9781786301185
• Binding: Hardcover
• Edition number: 1
• Number of pages: 288