The Incentives and Economics of the Patent System

By emphasizing the relationship between incentives and economic growth, this article adds great insight into the effects that government and society have on patents and innovation. The author, Dr. Lybecker, makes an important connection between the strength of intellectual property rights and societies’ research and development efforts. Dr. Lybecker also traces the broad contours of U.S. jurisprudence to identify the judiciary’s integral role in the patent system.

http://www.ipwatchdog.com/2014/07/21/promote-innovation-the-economics-of-incentives/id=50428/

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