Literature/202405081109 patents in research institutions

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The use of patents increases the likelihood of follow up investment by creating artificial scarcity. This has put pressure on universities to patent knowledge. In the US, there is a clear starting point: the Bayh-Dole Act of 1980.

This means that patents may limit knowledge spill-over.

Policies must be design to strike a balance between incentive to invest, and the diffusion of knowledge.


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Aquiles Carattino
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