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Patents and patent policy |
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| Authors: | Hall Bronwyn H |
| Abstract: | A patent is the legal right of an inventor to exclude othersfrom making or using a particular invention. This right is sometimestermed an ‘intellectual property right’ and is viewedas an incentive for innovation. This article surveys the evidenceon patent effectiveness in encouraging innovation and reviewsthe current controversies in patent policy. |
| Keywords: | patents intellectual property incentives |
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