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The Reform of Intellectual Property

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Publication Date: July 2005

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Law and ethics (Intellectual property, copyright, patent, and trademark law)

Keywords: Prescription drugs; Marginal cost; Monopoly profits

Type: Report

Coverage: United States

Abstract:

This paper details the ways in which patents and copyrights lead to economic inefficiencies and outlines alternative systems to provide incentives for innovation. Published in the Post-Autistic Economics Review on July 5, 2005.