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the new product and the patent holder obtains the entire value of product innovation. Second, we show that royalty …
Persistent link: https://www.econbiz.de/10011428157
The objective of this paper is to show the necessity of reviving the debate on the economic justifications for patent protection. On the one hand, we see the need for the assessment of the overall welfare consequences of the existing systems of patent protection, and on the other hand, we...
Persistent link: https://www.econbiz.de/10011428158