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Description
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 |
This item appears in the following Collection(s)
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Dissertations - Agricultural and Consumer Economics
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Graduate Dissertations and Theses at Illinois
Graduate Theses and Dissertations at Illinois