Patent Markets in the Global Knowledge Economy Theory Empirics and Public Policy Implications 1st Edition by Thierry Madiès, Dominique Guellec, Jean Claude Prager ISBN 1107047102 978-1107047105

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Product details:

ISBN 10: 1107047102 

ISBN 13: 978-1107047105

Author: Thierry Madiès, Dominique Guellec, Jean-Claude Prager

 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.

Table of contents: 

1. Introduction

2. Markets for patents: actors, workings and recent trends

3. Strategic intelligence on patents

4. Microeconomic foundations of patent markets: the role of intermediaries, auctions and centralized markets

5. Structuring the market for intellectual property rights: lessons from financial markets

6. Valuation and rating methods for patents and patent portfolios

7. Dysfunctions of the patent system and their effects on competition

8. Valorization of public research results and patents: elements of international comparison

9. Openness, open innovation à la Chesbrough and intellectual property rights

10. Conclusion

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Tags: Thierry Madiès, Dominique Guellec, Jean Claude Prager, Patent, Markets, Global Knowledge Economy, Theory Empirics, Public Policy Implications