The Economic Implications of Patent Reform: The Deficiences and Costs of Proposals Regarding the Apportionment of Damages, Post-Grant Opposition, and Inequitable Conduct
February 2008

Generic Biological Treatments and the Associated Cost Savings
February 2008

American Jobs and the Impact of Private Equity Transactions
January 2008

The Distribution of Ownership of U.S. Oil and Natural Gas Companies
September 2007

The Economic Effects of Intellectual Property-Intensive Manufacturing in the United States
August, 2007

The Impact of Authorized Generic Pharmaceuticals on the Introduction of Other Generic Pharmaceuticals
May, 2007

Reducing Barriers to Investment in Fiber Connections and Advanced Broadband Services for American Households
February, 2007

Addressing the Risks of Climate Change: The Environmental Effectiveness and Economic Efficiency of Emission Caps and Tradable Permits, Compared to Carbon Taxes
February, 2007


Economic Studies
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The Economic Implications of Patent Reform: The Deficiences and Costs of Proposals Regarding the Apportionment of Damages, Post-Grant Opposition, and Inequitable Conduct
February, 2008
The critical role of innovation in the economic path of nations is well-established. Since the trail-blazing work of Nobel laureate Robert Solow in the 1950s and Edward Denison in the 1960s, economists have recognized that 35 percent to 40 percent of America’s gains in productivity and incomes during the course of the 20th century can be traced to innovation in its various forms. By most measures, the United States continues to lead other countries in the volume and value of its innovations and scientific discoveries.2 Moreover, the critical role of strong intellectual property rights in driving the pace and extent of innovation has been validated by not only economic research and theory, but also the experience of the innovators and entrepreneurs who translate new ideas into the products and technologies that raise people’s productivity and incomes. Consequently, policymakers should consider carefully proposals that would change the terms of those intellectual property rights, so they can ensure that any changes promote rather than impede innovation in the future.

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