Abstract
A patent is the legal right of an inventor to exclude others from making or using a particular invention. This right is sometimes termed an 'intellectual property right' and is viewed as an incentive for innovation. This article surveys the evidence on patent effectiveness in encouraging innovation and reviews the current controversies in patent policy.
| Original language | English |
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| Pages (from-to) | 568–587 |
| Journal | Oxford Review of Economic Policy |
| Volume | 23 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 2007 |