We explore the consequences of the utility requirement for patents on speed of innovation. Basic research output, that has no immediate appli-cation except for as a step to further research, may not be patentable be-cause it does not fulfill the utility requirement of patentability. Patentabil-ity of basic research differs from the questions analyzed in the past sequen-tial innovation framework, in that basic research has no market value in itself and patentability of the first-stage invention, rather than that of the second-stage invention, is an issue. There is never immediate gain for the innovator (or static loss to society) of obtaining a patent and the gain is purely from appropriating future success of the application technology. We extend Denicolo (2000) model to identify conditions in which allowing basic research to be patented is socially desirable.
内容記述
本文フィルはリンク先を参照のこと
雑誌名
Discussion paper series. CIRJE-F
巻
2002-CF-160
発行年
2002-07
書誌レコードID
AA11450569
フォーマット
application/pdf
日本十進分類法
330
出版者
日本経済国際共同センター
出版者別名
Center for International Research on the Japanese Economy
The Utility Standard and the Patentability of Basic Research
