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  1. Home
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  3. Patent Markets in the Global Knowledge Economy
  • Cited by 2
Publisher:
Cambridge University Press
Online publication date:
March 2014
Print publication year:
2014
Online ISBN:
9781107110960
DOI:
https://doi.org/10.1017/CBO9781107110960
Subjects:
Economics, Industrial Economics, Entrepreneurship and Innovation, Management
Information

Book description

The development of patent markets should allow for better circulation of knowledge and more efficient allocation of technologies at a global level. However, the beneficial role of patents has recently come under scrutiny by those favouring 'open' innovation, and important questions have been asked, namely: How can we estimate the value of patents? How do we ensure matching between supply and demand for such specific goods? Can these markets be competitive? Can we create a financial market for intellectual property rights? In this edited book, a team of authors addresses these key questions to bring readers up to date with current debates about the role of patents in a global economy. They draw on recent developments in economic analysis but also ground the discussion with the basics of patent and knowledge economics. Striking a balance between institutional analysis, theory and empirical evidence, the book will appeal to a broad readership of academics, students and practitioners.

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