ID - 612171 TI - Patent markets in the global knowledge economy : theory, empirics and public policy implications AU - Madiè€s, Thierry AU - Guellec, Dominique AU - Prager, J.-C. PY - 2014 SN - 9781107047105 9781107110960 1107047102 1107110963 1139699253 1139861085 1139862308 1139863223 1139865358 1139868934 1139871080 PB - Cambridge : Cambridge University Press, DB - UniCat KW - Industrial and intellectual property KW - Knowledge management KW - Intellectual property KW - Patents KW - Business and economics KW - Knowledge management. KW - Intellectual property. KW - Patents. UR - https://www.unicat.be/uniCat?func=search&query=sysid:612171 AB - The development of patent markets should allow for better circulation of knowledge and more efficient allocation of technologies at a global level. However, the beneficial role of patents has recently come under scrutiny by those favouring 'open' innovation, and important questions have been asked, namely: How can we estimate the value of patents? How do we ensure matching between supply and demand for such specific goods? Can these markets be competitive? Can we create a financial market for intellectual property rights? In this edited book, a team of authors addresses these key questions to bring readers up to date with current debates about the role of patents in a global economy. They draw on recent developments in economic analysis but also ground the discussion with the basics of patent and knowledge economics. Striking a balance between institutional analysis, theory and empirical evidence, the book will appeal to a broad readership of academics, students and practitioners. ER -