CENTRE FOR GOVERNANCE OF KNOWLEDGE AND DEVELOPMENT WORKING PAPER: OCTOBER 2008 What are the costs and benefits of patent systems? Hazel V J Moir This paper can be downloaded without charge from http://cgkd.anu.edu.au/menus/workingpapers.php Citation for non-commercial purposes is encouraged by the author Correspondence to:
[email protected] Dr Hazel Moir Program Visitor Centre for Governance of Knowledge and Development Regulatory Institutions Network (RegNet) College of Asia and the Pacific The Australian National University Canberra ACT 0200 AUSTRALIA © Moir 2008 (citation for non-commercial purposes is encouraged) . What are the costs and benefits of patent systems?* Hazel V J Moir Program Visitor, Centre for Governance of Knowledge and Development Regulatory Institutions Network, College of Asia and the Pacific The Australian National University ABSTRACT There do not appear to be any cost-benefit assessments of the impact of patent systems, nor any data that can be used to directly assess the economic impact of patent systems. Discussions of patent policy therefore tend to be theoretical, and any evidence used is anecdotal rather than scientifically based. A wider search shows, however, that there is substantial empirical material on the costs and benefits of patent systems published in a very diverse range of journals and working papers. While these do not allow a full assessment of the economic impact of patent systems, they do provide useful evidence on many aspects of the impact of patent systems. This evidence is drawn together in this summary overview. The objective is to assist in a move towards an evidence-based discussion of patents as a central issue in innovation policy.