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Tilburg Law and Economics Center

TILEC supports and stimulates academic research on the governance of economic activity. It fosters academically path breaking and practically relevant research and aims to be a leading center worldwide.

TILEC Club IO: Michela Bonani

How do patents affect research investments? Williams , H.L. (2017). How do patents affect research investments?. The Annual Review of Economics.
10:45-11:45, M1002

Although patent systems have been widely used both historically and internationally, there is nonetheless a tremendous amount of controversy over whether patent systems, in practice, improve the alignment between private returns and social contributions. In this article, the author describes three parameters - how the disclosure function affects research investment, how patent strength affects research investments in new technologies, and how patents on existing technologies affect follow-on innovation - needed to inform the question of how patents affect research investments, and review the available evidence that gas attempted to empirically estimate these parameters.

When: 23 May 2018 10:45

End date: 23 May 2018 11:45