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Empirical Look at Software Patents
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posted by mpawlo
on Wednesday May 07, @06:23PM
from the bessen-is-back dept.
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Read 'An Empirical Look at Software Patents' (PDF-document)
where Mr James Bessen and Mr Robert M. Hunt's regression analysis finds that 'software
patents have become a cheap form of appropriability. This cost advantage,
not the profitability of software, accounts for most of their increased use.
Also, software patents substitute for firm R&D rather than complement it.
Their use is associated with substantially lower R&D intensity, consistent
with strategic "patent thicket" behavior.'
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