Liability Rules in Patent Law: A Legal and Economic Analysis (Munich Studies on Innovation and Competition, 1),Used

Liability Rules in Patent Law: A Legal and Economic Analysis (Munich Studies on Innovation and Competition, 1),Used

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The primary purpose of a patent law system should be to enhance economic efficiency, in particular by providing incentives for making inventions. The conventional wisdom is that patents should therefore be strictly exclusive rights. Moreover, in practice patent owners are almost never forced to give up their right to exclude others and receive only a certain amount of remuneration with, for instance, compulsory licensing. Other economically interesting patentlaw objectives, however, include the transfer and dissemination of knowledge. Mechanisms exist by which the patent owner decides if he or she would prefer exclusive or nonexclusive rights, for instance the opportunity to declare the willingness to license and create patent pools. But it is questionable whether these mechanisms are sufficient and efficient enough in view of the existence of patent trolls and other problems. This work challenges the conventional wisdom to a certain extent and makes proposals for improvements.

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Frequently Asked Questions

  • Q: What is the main focus of 'Liability Rules in Patent Law'? A: The book primarily focuses on enhancing economic efficiency in patent law, emphasizing the importance of incentives for making inventions.
  • Q: Who is the author of this book? A: The author of 'Liability Rules in Patent Law' is Daniel Krauspenhaar.
  • Q: When was 'Liability Rules in Patent Law' published? A: The book was published on October 20, 2014.
  • Q: What are the key themes discussed in the book? A: Key themes include the balance between exclusive rights for patent owners, the transfer of knowledge, and the challenges posed by patent trolls.
  • Q: How many pages does the book contain? A: The book contains 252 pages.
  • Q: What is the binding type of this book? A: The book is available in hardcover binding.
  • Q: Is this book suitable for someone new to patent law? A: Yes, the book provides a comprehensive legal and economic analysis that can be beneficial for beginners as well as those familiar with patent law.
  • Q: Does the book discuss compulsory licensing? A: Yes, the book addresses the concept of compulsory licensing and its implications for patent owners and economic efficiency.
  • Q: What edition is this book? A: This is the 2015 edition of 'Liability Rules in Patent Law'.
  • Q: Can this book help in understanding patent law's impact on innovation? A: Yes, the book analyzes how patent law can incentivize innovation while also discussing its limitations and areas for improvement.