Recent research on the economics of patents

B.H. Hall*, D. Harhoff

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review


This review surveys recent research on the economics of patents. The topics covered include theoretical and empirical evidence on patents as incentives for innovation, the effectiveness of patents for invention disclosure, patent valuation, and the design of patent systems. We also look at some current policy areas, including software and business method patents, university patenting, and the growth in patent litigation.
Original languageEnglish
Pages (from-to)541-565
JournalAnnual Review of Economics
Publication statusPublished - 1 Jan 2012

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