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The Independent Invention Defence in Intellectual Property

Dados Bibliográficos

ID9722229
AutoresStephen M Maurer (0000-0002-4705-1433, University of California, Berkeley), Suzanne Scotchmer (National Bureau of Economic Research)
Ano2002
Volume69
Fascículo276
Páginas535-547
Data de publicação2002-11-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoEconomica (JOURNAL)
Identificadores do periódicoISSN: 0013-0427 • E-ISSN: 1468-0335
EditoraWiley (PUBLISHER • GB)
DOI10.1111/1468-0335.00299
OpenAlexW2115016712
IdiomaEN
Citações recebidas4

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

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

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    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
Citações por ano0,29
Intervalo de citações2012 - 2024 (13)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 4
Ethnos_APP • Projeto Open Source • Licença MIT • Frontend v2.0.0 • Privacidade e Cookies • Documentação da API: api.ethnos.app/docs • Código da API: GitHub • DOI: 10.5281/zenodo.17049435 • Código do Frontend: GitHub • DOI: 10.5281/zenodo.17050053 • cruz.rio.br • Expectantes Misericordiae