CEU eTD Collection (2010); Jafarova, Aygun: Economic and Legal Impact of Patent Policy

CEU Electronic Theses and Dissertations, 2010
Author Jafarova, Aygun
Title Economic and Legal Impact of Patent Policy
Summary The purpose of this paper was to determine real economic and legal effects of the patent policy.
Patent's nature, its macroeconomic effects, the theory of patent portfolio, the patent insurance program and compulsory licensing were discussed in this paper to answer these questions. All the discussed topics helped to get deeper knowledge on patent policy, but it was the proposed alternative approaches of patent insurance program, that helped to see the main legal gap of the patent policy. Also the discussion on patent portfolio theory demonstrated economic restrictions that prevent SMEs from gaining from patents.
The discussion let us to conclude that, as a result of economic and legal constraints, a patent is not of the same value for large companies and SMEs. Consequently, it can not be accepted as a general tool for motivating of innovations. In order to answer the second question, government's approach to monopolies and abuse of dominance was discussed in this paper. While providing a patent holder with unique rights, a government prevents monopoly, using legal instruments. Consequently, normally, patent policy does not lead to monopoly.
Supervisor Baniak, Andrzej and Tajti Tibor
Department Economics MA
Full texthttps://www.etd.ceu.edu/2010/jafarova_aygun.pdf

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