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The case for permissive patents

de Meza, David, La Manna, M. and McLeod, R. (1989) The case for permissive patents. European Economic Review, 33 (7). pp. 1427-1443. ISSN 0014-2921

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Identification Number: 10.1016/0014-2921(89)90056-1

Abstract

Whatever its shortcomings in practice, until very recently patent law has sought to embody the winner-takes-all principle. This paper argues that it is both feasible and desirable to allow multiple prizes. Indeed, it is possible that complete abolition of the patent system, by raising the returns to late finishers, would yield an improvement on the current situation.

Item Type: Article
Additional Information: © 1989 Elsevier Science B.V.
Divisions: Management
Subjects: H Social Sciences > HB Economic Theory
K Law > K Law (General)
Sets: Research centres and groups > Managerial Economics and Strategy Group
Departments > Management
Collections > Economists Online
Date Deposited: 06 May 2011 11:13
Last Modified: 20 Nov 2019 06:11
URI: http://eprints.lse.ac.uk/id/eprint/35659

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