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Optimal Global Patent Design

Author

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  • Donald J Wright

Abstract

The optimal patent breadth and length is derived for an innovating and a non-innovating country in the presence of imitation. It is found that the innovating country chooses stronger patent protection than the non-innovating country. These patents are compared to the optimal global patent design and it is found they are too weak from a global perspective. Finally, it is shown that the innovating country is unambiguously better off, while the non-innovating country may be worse off with the optimal global patent design

Suggested Citation

  • Donald J Wright, 2004. "Optimal Global Patent Design," Econometric Society 2004 Latin American Meetings 35, Econometric Society.
    • Handle: RePEc:ecm:latm04:35
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    Cited by:

    1. Appio, Francesco Paolo & Baglieri, Daniela & Cesaroni, Fabrizio & Spicuzza, Lucia & Donato, Alessia, 2022. "Patent design strategies: Empirical evidence from European patents," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    2. Abhra Roy & Aniruddha Bagchi, 2011. "Optimal patent policy with endogenous cross-border acquisitions," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(3), pages 259-282.
    3. Bagchi, Aniruddha & Roy, Abhra, 2011. "Endogenous R&D and Intellectual Property Laws in Developed and Emerging Economies," MPRA Paper 31822, University Library of Munich, Germany.
    4. Aniruddha Bagchi & Abhra Roy, 2012. "Endogenous Research and Development and Intellectual Property Laws in Developed and Emerging Economies," Southern Economic Journal, John Wiley & Sons, vol. 78(3), pages 895-930, January.

    More about this item

    Keywords

    patents;

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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