To Promote Innovation

To Promote Innovation

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Innovation benefits consumers through the development of new and improved goods, services, and processes. Competition and patents stand out among the federal policies that influence innovation. Both competition and patent policy can foster innovation, but each requires a proper balance with the other to do so. This report by the Federal Trade Commission discusses and makes recommendations for the patent system to maintain a proper balance with competition law and policy.... Innovation Most patents do not confer market power on their holders, 49 but when they do, they carry costs. For example, an innovator whose patent confers market power can cause prices of goods and services to be above (and ... (in many post-industrial fields, the claim is an abstract behavioral protocol and there is not much worth learning from the description). ... Cohen Presentation), Cohen 10/30 at 84-85, 123-24 (finding patents to be the most important Raamp;D information sourceanbsp;...

Title:To Promote Innovation
Publisher:DIANE Publishing - 2003


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