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Study: Patents hurt tech and startups, help pharmaceuticals

12 July 2014

A new study adds some empirical firepower to the idea that poor patent laws are crushing innovation in the technology industry. Researchers from the London School of Economics studied citations from patents that were invalidated by U.S. judges and found that invalidation increased the number of subsequent innovations in technology, but not in pharmaceuticals.

This article was published online by VB.com on July 12, 2014
Link to article here

See also:
FiveThirtyEight - DataLab
In the Papers: Long-Term Unemployment, Education and Marriage, and Patent Trolls
Pharmaceutical Industry Today
Study: Patents hurt tech and startups, help pharmaceuticals
All Voices
Study: Patents hurt tech and startups, help pharmaceuticals
MedCity News
Study: Patent law is good for big pharma because it has no innovators

Related publications
'Patents and Cumulative Innovation: Causal Evidence from the Courts', Alberto Galasso and Mark Schankerman, Centre for Economic Performance Discussion Paper No.1205, April 2013

Related links
Mark Schankerman webpage
Productivity and Innovation Programme webpage

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