3 ms·
The problem is that both sides of the debate state their claims on a foundation of unsupported assertions. As a consequence the entire debate is reduced to a ba
by Joeri 14y ago
The problem is that both sides of the debate state their claims on a foundation of unsupported assertions. As a consequence the entire debate is reduced to a battle of gut feelings.
Where are the objective cost/benefit studies of the patent system?
- jedbrown 14y agoThis book, despite its clear agenda, includes a fair amount of quantitative analysis. http://levine.sscnet.ucla.edu/general/intellectual/againstfinal.htm http://levine.sscnet.ucla.edu/general/intellectual/againstfi... Chapter 3 has interesting historical case studies, including, for example, the patent-free flurry of innovation that increased the efficiency of the steam engine by 5x in the 25 years immediately following expiration of Watt's patent, in contrast to the efficiency plateau that occurred while Watt's patent was enforced. Chapter 8 has a modern macroeconomic analysis.