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This study contributes to the addressing of the§Patent-R&D relationship from a new perspective, analyzing§a crucial yet ignored question: Can more patents have a§negative effect on R&D investment? Offering an extensive§synthesizes of existing theoretical and empirical literature,§we focus on the arguments that might sustain a negative§impact of patents over R&D. The Patent system seems to§have created an incentive to massive patenting with no§perceivable significant(maybe even negative as our results§show) impact on R&D and as for certain introduced a set§of costs that may actually lower the optimal R&D investment level of firms and slow down technological§progress. This book builds a strong case against the§one-size-fits-all approach of IPR legislation across§different technological fields and across different stages of§country development, providing an intresting reading both for§policy makers, as well as academic researchers. Nevertheless,§its comprehensiveness and easy-to-read text also makes it§suitable for the general public.
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