Recent Research on the Economics of Patents

Hall, Bronwyn H.; Harhoff, Dietmar

doi:10.1146/annurev-economics-080511-111008

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Recent Research on the Economics of Patents

Annual Review of Economics, Vol. 4, pp. 541-565, 2012

Posted: 1 Sep 2012

See all articles by Bronwyn H. Hall

Bronwyn H. Hall

University of California at Berkeley; National Bureau of Economic Research (NBER); Institute for Fiscal Studies (IFS); Max Planck Institute for Innovation and Competition

Dietmar Harhoff

Max Planck Institute for Innovation and Competition; Ludwig-Maximilians-Universität München; Centre for Economic Policy Research (CEPR)

There are 2 versions of this paper

Date Written: July 2012

Abstract

This review surveys recent research on the economics of patents. The topics covered include theoretical and empirical evidence on patents as incentives for innovation, the effectiveness of patents for invention disclosure, patent valuation, and the design of patent systems. We also look at some current policy areas, including software and business method patents, university patenting, and the growth in patent litigation.

Suggested Citation: Suggested Citation

Hall, Bronwyn H. and Harhoff, Dietmar, Recent Research on the Economics of Patents (July 2012). Annual Review of Economics, Vol. 4, pp. 541-565, 2012, Available at SSRN: https://ssrn.com/abstract=2139260 or http://dx.doi.org/10.1146/annurev-economics-080511-111008

Bronwyn H. Hall (Contact Author)

University of California at Berkeley ( email )

549 Evans Hall #3880
Berkeley, CA 94720-3880
United States

HOME PAGE: http://emlab.berkeley.edu/users/bhhall/index.html

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Institute for Fiscal Studies (IFS)

7 Ridgmount Street
London, WC1E 7AE
United Kingdom

Max Planck Institute for Innovation and Competition

Marstallplatz 1
Munich, Bayern 80539
Germany

Dietmar Harhoff

Max Planck Institute for Innovation and Competition ( email )

Marstallplatz 1
Munich, Bayern 80539
Germany
+49 89 24246 550 (Phone)
+49 89 24246 599 (Fax)

HOME PAGE: http://www.ip.mpg.de

Ludwig-Maximilians-Universität München ( email )

Munich, 80539
Germany

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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Recent Research on the Economics of Patents

Bronwyn H. Hall

Dietmar Harhoff