Innovation and Patents
Alex Tabarrok discusses the disconnect between economic theory and patent law, highlighting the need to consider innovation and imitation costs. He suggests a potential solution of implementing different patent durations based on research and development investments.In this clip
From this podcast
How I Write
Tyler Cowen + Alex Tabarrok, on The Story of Marginal Revolution
Related Questions
How does the patent system work?
What innovation led to success in a specific example or industry as discussed in the episode Alex Tabarrok on Innovation and the clip Expanding Patentability?
What innovation led to success in a specific example or industry in the episode Alex Tabarrok on Innovation and the clip Expanding Patentability?