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Do European Computer-Related Patents Increase Welfare?

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  • Pia Weiss

    (Chemnitz University of Technology)

Abstract

When the home country introduces a patent law after the winner of the patent race is known, the country's welfare may rise only if the domestic firm wins. If the home country decides before the patent race ends, the welfare may be increased when the probability that the domestic firm wins is sufficiently large. In both cases, the conditions on the product market determine the welfare gain. However one may at least doubt whether those conditions are satisfied.

Suggested Citation

  • Pia Weiss, 2005. "Do European Computer-Related Patents Increase Welfare?," Rivista di Politica Economica, SIPI Spa, vol. 95(5), pages 7-18, September.
  • Handle: RePEc:rpo:ripoec:v:95:y:2005:i:5:p:7-18
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    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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