PA.180 | Patent Law and Economic Performance (Double session 2X90')
Inspired by the path-breaking research on the American patent system by Kenneth Sokoloff and his co-researchers, scholars from other parts of the world (especially Europe) have started to collect patent data from other national patent systems in order to analyze the nexus between patent regulation and the economic performance of the inventors (both individuals and firms) who were located in the country in which the relevant law applied. We might consider direct effects such as comparatively low patent fees that might have allowed low-income inventors to patent their inventions and then license their patent to firms that had the funds to bring the innovation to the market. More indirect effects might have taken place too. If a government, for example, introduced a corporate form that allowed an inventor to bring in his patent as share capital (as it could be the case with the limited company), it might have been this particular combination of the patent law and other regulations that has fostered innovation and economic growth. To identify the direct and indirect effects of a national patent law, an international comparison of various patent systems will ultimately be required. The aim of this session is therefore to bring researchers from different countries together and motivate them to combine their research efforts in transnational research projects.