Research Handbook on the Economics of Intellectual Property Law
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Research Handbook on the Economics of Intellectual Property Law

Vol 1: Theory Vol 2: Analytical Methods

Edited by Ben Depoorter, Peter Menell and David Schwartz

Both law and economics and intellectual property law have expanded dramatically in tandem over recent decades. This field-defining two-volume Handbook, featuring the leading legal, empirical, and law and economics scholars studying intellectual property rights, provides wide-ranging and in-depth analysis both of the economic theory underpinning intellectual property law, and the use of analytical methods to study it.
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Chapter 13: Patent duration

Brian J. Love

Abstract

The duration of a given patent’s life is a factor of two variables: first, the maximum term of protection afforded by law, and second, its owner’s willingness and ability to comply with periodic renewal obligations. This chapter reviews the theoretical and empirical literature related to both.

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