Per Un Pugno Di Dollari: A First Look at the Price Elasticity of Patents

@article{deRassenfosse2007PerUP,
  title={Per Un Pugno Di Dollari: A First Look at the Price Elasticity of Patents},
  author={Ga{\'e}tan de Rassenfosse and Bruno van Pottelsberghe de la Potterie},
  journal={Oxford Review of Economic Policy},
  year={2007},
  volume={23},
  pages={588-604}
}
This paper analyzes the role of patent filing fees requested by the member states of the European Patent Convention (EPC). We provide a first empirical evidence showing that the fee elasticity of the demand for priority applications is negative and significant. Given the strong variation in absolute fees and in fees per capita across countries, this result witnesses a suboptimal treatment of inventors across European countries and suggests that fees should be considered as an integral part of… 

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