An economic overview of patents
Article Abstract:
Economic principles are central to the existence of patent laws since the laws are designed to provide inventors with economic incentives, and patent practitioners should be aware of the economics of patents. A patent is a limited monopoly right granted to the inventor that allows the inventor and manufacturer to charge prices above the market price that would exist if perfect substitute goods were available. Practitioners should be aware that damages assessments often fail to capture the full economic benefit of patent rights.
Publication Name: Journal of the Patent and Trademark Office Society
Subject: Law
ISSN: 0882-9098
Year: 1997
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Patent mapping: a graphical model of patent rights
Article Abstract:
The use of patent mapping to assess present and future technologies can assist decision-makers regarding licensing agreements, research and development and engineering around patents. Patent mapping is the graphical representation of patent rights relative to other technologies. The models are developed through the joint efforts of patent attorneys, engineers, marketers and financial professionals to represent barriers and opportunities in developing new technologies.
Publication Name: Journal of the Patent and Trademark Office Society
Subject: Law
ISSN: 0882-9098
Year: 1995
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An economic review and suggessted approach for licensing patent applications
Article Abstract:
Patent production milestones tied into different royalty amounts depending on the scope of the issued patent must be used to structure the licenses of pending patent applications. This would manage the risk of licensing pending applications and decrease the potential for licensor-licensee conflict because the financial payment would be more closely tied to the patent's true economic value.
Publication Name: Journal of the Patent and Trademark Office Society
Subject: Law
ISSN: 0882-9098
Year: 1999
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