Patents, Innovation and Economic Performance

OECD Conference Proceedings

image of Patents, Innovation and Economic Performance
This publication presents a collection of the policy-oriented empirical studies and stakeholders' views designed to show how patent regimes can contribute more efficiently to innovation and economic performance.  Topics covered include the links between patents and economic performance, changes in patent regimes, patents and entrepreneurship, patents and diffusion of technology, IPR for software and technology, and current and future policy challenges.




The Software Patent Experiment

US legal changes have made it easier to obtain patents on inventions that use software. Software patents now comprise 15% of all patents, mostly acquired by manufacturing firms and large firms. Only 6% belong to software publishers. Our regression analysis finds that these patents differ from others: they are “cheap” patents. We explore whether these patents have increased R&D incentives. We find, instead, that software patents substitute for firm R&D; they are associated with substantially lower R&D intensity. Overall, the predominant use of software ...


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