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The Independent Invention Defence in Intellectual Property

Datos Bibliográficos

ID9722229
AutoresStephen M Maurer (0000-0002-4705-1433, University of California, Berkeley), Suzanne Scotchmer (National Bureau of Economic Research)
Año2002
Volumen69
Número276
Páginas535-547
Fecha de publicación2002-11-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialWiley (PUBLISHER • GB)
DOI10.1111/1468-0335.00299
OpenAlexW2115016712
IdiomaEN
Citas recibidas4

Patents differ from other forms of intellectual property in that independent invention is not a defence to infringement. We argue that the patent rule is inferior in any industry where the cost of independently inventing a product is not too much less than (no less than half) the inventor’s cost. First, the threat of entry by independent invention would induce patent holders to license the technology, lowering the market price. Second, a defence of independent invention would reduce the wasteful duplication of R&D effort that occurs in patent races. In either case, the threat of independent invention creates a mechanism that limits patent‐holders’ profits to levels commensurate with their costs of R&D

Business · Commerce · Economics · Industrial organization · Intellectual property · Invention · Law and economics · License · Political science · Product (mathematics) · Innovation Policy and RD · Intellectual Property and Patents · Law · Pharmaceutical Economics and Policy

  • Licensing and secrecy under imperfect intellectual property protection

    Open Access•Aineas Kostas Mallios, Aineas Mallios•Theory and Decision•2024

  • Patents, knowledge spillovers, and entrepreneurship

    Open Access•Zoltan J Acs, Mark Sanders•Small Business Economics•2012

  • Patent Licensing and Entry Deterrence

    Open Access•Anne Duchêne, Debapriya Sen et al.•Economica•2015

  • Public Rewards and Innovation Policy

    Open Access•Robert Burrell, Catherine Kelly et al.•Modern Law Review•2014

Obras citantes distintas4
Citas por año0,29
Intervalo de citas2012 - 2024 (13)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 4
Ethnos_APP • Proyecto Open Source • Licencia MIT • Frontend v2.0.0 • Privacidad y Cookies • Documentación de la API: api.ethnos.app/docs • Código de la API: GitHub • DOI: 10.5281/zenodo.17049435 • Código del Frontend: GitHub • DOI: 10.5281/zenodo.17050053 • cruz.rio.br • Expectantes Misericordiae