Patent policy and innovation do legal rules deliver effective economic outcomes jstor viewing subject economics jstor is a digital library of academic journals. This book also provides a thorough review of the economics of patents an economic perspective on the development of the relevant legal doctrines and draws out the priorities for reforming the patent system to ensure innovation is supported but at the right price. Get this from a library patent policy and innovation do legal rules deliver effective economic outcomes hazel v j moir just how inventive are inventions more to the point just how inventive are the inventions covered by patents not very according to hazel moir and there is no reason to doubt her conclusions she . Pdf free download patent policy and innovation do legal rules deliver effective economic outcomes hazel v j moir book online. This empirical study uses a scientifically selected sample of patents to assess patent quality the careful evaluation of the assumptions in alternative economic theories about the generation and diffusion of new knowledge demonstrates that the height of the inventive step is critical to effective and efficient patent policy
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