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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Liability Rules in Patent Law: A Legal and Economic Analysis

Liability Rules in Patent Law: A Legal and Economic Analysis

Krauspenhaar, Daniel

Paperback

Series: Munich Studies on Innovation and Competition, Book 1

EconomicsGeneral Law

ISBN10: 3662524899
ISBN13: 9783662524893
Publisher: Springer
Published: Aug 23 2016
Pages: 233
Weight: 0.80
Height: 0.54 Width: 6.14 Depth: 9.21
Language: English
The primary purpose of a patent law system should be to enhance economic efficiency, in particular by providing incentives for making inventions. The conventional wisdom is that patents should therefore be strictly exclusive rights. Moreover, in practice patent owners are almost never forced to give up their right to exclude others and receive only a certain amount of remuneration with, for instance, compulsory licensing. Other economically interesting patent-law objectives, however, include the transfer and dissemination of knowledge. Mechanisms exist by which the patent owner decides if he or she would prefer exclusive or non-exclusive rights, for instance the opportunity to declare the willingness to license and create patent pools. But it is questionable whether these mechanisms are sufficient and efficient enough in view of the existence of patent trolls and other problems. This work challenges the conventional wisdom to a certain extent and makes proposals for improvements.

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