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Title:Essays on R&D, Innovation and Patents: Empirical Constructs and *Policy Analysis of Uncertainty
Author(s):Banik, Milon Marc
Doctoral Committee Chair(s):Westgren, Randall E.
Department / Program:Agricultural Economics
Discipline:Agricultural Economics
Degree Granting Institution:University of Illinois at Urbana-Champaign
Degree:Ph.D.
Genre:Dissertation
Subject(s):Law
Abstract:Even so, institutions of patent enforcement that eliminate all uncertainty in patent rights are not necessarily desirable. Using an incomplete contracts framework, we show that optimal patent policies will exploit the risk of post-issuance invalidation so as to induce the patentee to provide a more complete disclosure of the prior art to the Patent Office. Such information improves the efficiency of the patent system by reducing the welfare losses due to improvidently-issued patent claims, and by creating more stable property rights, which creates greater incentives for investment in R&D.
Issue Date:2001
Type:Text
Language:English
Description:192 p.
Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2001.
URI:http://hdl.handle.net/2142/82947
Other Identifier(s):(MiAaPQ)AAI3023015
Date Available in IDEALS:2015-09-25
Date Deposited:2001


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