Laws & Patents

    Stronger patents can lead to more innovation by creating an incentive for research and development. They also can be used protectively, creating long-lasting monopolies. At the Institute, we're asking to what extent the law should safeguard patents, and where patent law hurts economic progress.

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    Integration, Currency Unions, and Balance of Payments

    Explorations in New Economic Thinking

    Apr 10, 2014 | 11:00—12:30

    Pressures on Pensions

    Apr 10, 2014 | 07:00—08:30

    The Economics of Radical Uncertainty

    Apr 10, 2014 | 11:00—12:30

    Who should do R and who should do D?

    This article studies the reasons for the under-investment in research vs. development in the decentralized equilibrium and argues that this bias provides a micro-foundation for the government direct involvement in conducting applied research rather than just financing it. Read more