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The Economics of the Patent System: 30 (Fundamentals of Pure & Applied Economics Series) - Softcover

 
9783718648702: The Economics of the Patent System: 30 (Fundamentals of Pure & Applied Economics Series)
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First published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.

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Reviewing some long forgotten works on the patent system this monograph begins by focusing on Venetian texts on the 14th and 15th centuries. It observes how patent policy was then more enlightened than in the period from the 17th to middle 20th centuries. The author gives an overview of existing national patent systems and attempts to devise a revised patent system using the Nordhaus theory of the optimal patent. Whilst arguing for and against modifying the present patent system, it is never forgotten that a patent is - at best - a second-best solution for the problem of stimulating inventive activity. This study will be of interest to graduate level economists, patent lawyers, economists and economic historians, and all who are interested in the economic aspects of the patent system and the theory and policy of economic growth. Other titles in this series include "Non-renewable Resurces Extraction Programs and Markets", "The Political Economy of Protection" and "Non-renewable Resources Extraction Programs and Markets".

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