{"id":3277,"date":"2012-10-02T04:27:19","date_gmt":"2012-10-02T03:27:19","guid":{"rendered":"http:\/\/emilkirkegaard.dk\/en\/?p=3277"},"modified":"2012-10-02T04:27:19","modified_gmt":"2012-10-02T03:27:19","slug":"boldrin-and-levines-new-paper-the-case-against-patents-2012","status":"publish","type":"post","link":"https:\/\/emilkirkegaard.dk\/en\/2012\/10\/boldrin-and-levines-new-paper-the-case-against-patents-2012\/","title":{"rendered":"Boldrin and Levine&#8217;s new paper: The Case Against Patents (2012)"},"content":{"rendered":"<p>I have previously talked about their book from 2008 (i think), which is mighty interesting. Not the least for me being on the board of directors for the danish pirate party. This paper is a kind of follow-up general introduction, which also includes technical aspects. Perhaps it is written for economists not familiar with the patent debate? It was an interesting read nonetheless.<\/p>\n<p>&#8211;<\/p>\n<p><a href=\"http:\/\/emilkirkegaard.dk\/en\/wp-content\/uploads\/The-Case-Against-Patents.pdf\">The Case Against Patents<\/a>\u00a0&#8211; <a href=\"http:\/\/m.theatlantic.com\/business\/archive\/2012\/09\/the-case-for-abolishing-patents-yes-all-of-them\/262913\/\">mentioned here<\/a>.<\/p>\n<p>First paragraf:<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"color: #000000;\">The case against patents can be summarized briefly: there is no empirical evidence that they serve<\/span><br \/>\n<span style=\"color: #000000;\">to increase innovation and productivity, unless the latter is identified with the number of patents awarded<\/span><br \/>\n<span style=\"color: #000000;\">\u2013 which, as evidence shows, has no correlation with measured productivity. This is at the root of the<\/span><br \/>\n<span style=\"color: #000000;\">\u201cpatent puzzle\u201d: in spite of the enormeous increase in the number of patents and in the strength of their<\/span><br \/>\n<span style=\"color: #000000;\">legal protection we have neither seen a dramatic acceleration in the rate of technological progress nor a<\/span><br \/>\n<span style=\"color: #000000;\">major increase in the levels of R&amp;D expenditure \u2013 in addition to the discussion in this paper, see Lerner<\/span><br \/>\n<span style=\"color: #000000;\">[2009] and literature therein. As we shall see, there is strong evidence, instead, that patents have many<\/span><br \/>\n<span style=\"color: #000000;\">negative consequences. Both of these observations, the evidence in support of which has grown steadily<\/span><br \/>\n<span style=\"color: #000000;\">over time, are consistent with theories of innovation that emphasize competition and first-mover<\/span><br \/>\n<span style=\"color: #000000;\">advantage as the main drivers of innovation and directly contradict \u201cSchumpeterian\u201d theories postulating<\/span><br \/>\n<span style=\"color: #000000;\">that government granted monopolies are crucial in order to provide incentives for innovation. The<\/span><br \/>\n<span style=\"color: #000000;\">differing predictive and explanatory powers of the two alternative classes of models persist when<\/span><br \/>\n<span style=\"color: #000000;\">attention is shifted to the historical evidence on the life-cycle of industries. The initial eruption of small<\/span><br \/>\n<span style=\"color: #000000;\">and large innovations leading to the creation of a new industry \u2013 from chemicals to cars, from radio and<\/span><br \/>\n<span style=\"color: #000000;\">TV to personal computers and investment banking \u2013 is seldom, if ever, born out of patent protection and<\/span><br \/>\n<span style=\"color: #000000;\">is, instead, the fruits of highly competitive-cooperative environments. It is only after the initial stages of<\/span><br \/>\n<span style=\"color: #000000;\">explosive innovation and rampant growth end that mature industries turn toward the legal protection of<\/span><br \/>\n<span style=\"color: #000000;\">patents, usually because their internal grow potential diminishes and the industry structure become<\/span><br \/>\n<span style=\"color: #000000;\">concentrated.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Closing paragraf:<\/p>\n<p style=\"padding-left: 30px;\">The aim of policy, in general, should be that of slowly but surely decreasing the strength of<br \/>\nintellectual property interventions but the final goal cannot be anything short of abolition. Once again, if<br \/>\nat the times of Machlup one could still nurture doubts and wonder if the system could not be reformed in<br \/>\na credible and stable form, in 2012 one must ask: is not six decades of failure enough time? Is it not time<br \/>\nto take seriously the idea of patent abolition and begin the discussion of these transitional issues?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have previously talked about their book from 2008 (i think), which is mighty interesting. Not the least for me being on the board of directors for the danish pirate party. This paper is a kind of follow-up general introduction, which also includes technical aspects. Perhaps it is written for economists not familiar with the [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[1924],"class_list":["post-3277","post","type-post","status-publish","format-standard","hentry","tag-patents","entry"],"_links":{"self":[{"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/posts\/3277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/comments?post=3277"}],"version-history":[{"count":1,"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/posts\/3277\/revisions"}],"predecessor-version":[{"id":3279,"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/posts\/3277\/revisions\/3279"}],"wp:attachment":[{"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/media?parent=3277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/categories?post=3277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilkirkegaard.dk\/en\/wp-json\/wp\/v2\/tags?post=3277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}