Patents and the Diffusion of Technical Information
14 Pages Posted: 16 Mar 2004
There are 2 versions of this paper
Patents and the Diffusion of Technical Information
Date Written: March 2004
Abstract
Does the disclosure requirement of the patent system encourage the diffusion of inventions? This paper builds a simple model where firms choose between patents and trade secrecy to protect inventions. Diffusion is not necessarily more likely with a patent system nor is the market for technology necessarily greater.
Keywords: Patents, innovation, diffusion, trade secrecy
JEL Classification: K3, L5, O3
Suggested Citation: Suggested Citation
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