Patent Markets in the Global Knowledge Economy: Theory, Empirics and Public Policy Implications

Cambridge University Press, 3/20/2014
EAN 9781107047105, ISBN10: 1107047102

Hardcover, 259 pages, 22.9 x 15.2 x 1.6 cm
Language: English

The development of patent markets should allow for better circulation of knowledge and more efficient allocation of technologies at a global level. However, the beneficial role of patents has recently come under scrutiny by those favouring 'open' innovation, and important questions have been asked, namely: How can we estimate the value of patents? How do we ensure matching between supply and demand for such specific goods? Can these markets be competitive? Can we create a financial market for intellectual property rights? In this edited book, a team of authors addresses these key questions to bring readers up to date with current debates about the role of patents in a global economy. They draw on recent developments in economic analysis but also ground the discussion with the basics of patent and knowledge economics. Striking a balance between institutional analysis, theory and empirical evidence, the book will appeal to a broad readership of academics, students and practitioners.

Introduction D. Guellec, T. Madiès and J.-C. Prager
1. Market for patents
actors, workings and recent trends D. Guellec and Y. Menière
2. Strategic intelligence on patents F. Caillaud and Y. Menière
3. Microeconomic foundations of patent markets
the role of intermediaries, auctions and centralized markets A. Perrot and A. Yvrande-Billon
4. Structuring the market for intellectual property rights
lessons from financial markets O. Gassmann, M. A. Bader and F. Liegler
5. Valuation and rating methods for patents and patent portfolios M. Baudry
6. Dysfunctions of the patent system and their effects on competition D. Encaoua and T. Madiès
7. Valorization of public research results and patents
elements of international comparison R. Lallement
8. Openness, open innovation à la Chesbrough and intellectual property rights R. Carraz, I. Nakayama and Y. Harayama
Conclusion J.-C. Prager
Index.