Renewal-fee system for determination of optimal patent life

Reference no: EM131908256

Question: One possible pitfall of the renewal-fee system for determination of optimal patent life is that, ideally, we want the patent-holder to compare the renewal fee with the social benefit of continuing the patent for another year, not just the private benefit. Can you suggest how, in setting the annual renewal fee, we might induce patent-holders to make the appropriate social calculation?

Reference no: EM131908256

Questions Cloud

What is the weighted average shares for eps : Assuming no potentially dilutive securities, what is the weighted average shares for EPS in 2014?

How might these bonds be evaluated differently : Rating agencies provide ratings on both government bonds and corporate bonds. How might these bonds be evaluated differently?

Variance in expected rate of return of emmons corporation : What is the variance in the expected rate of return of Emmons Corporation?

What is the variance of payoffs of the stock : A stock DEF has the following payoffs probabilities: What is the Variance of payoffs of the stock?

Renewal-fee system for determination of optimal patent life : One possible pitfall of the renewal-fee system for determination of optimal patent life is that, ideally, we want the patent-holder to compare the renewal fee.

What is the beta of the stock : Suppose the covariance between the returns of the stock GHI and the returns to the market is 0.00111 and the standard deviation of market returns is 0.026.

What is the taxable equivalent yield for investment : what is the taxable equivalent yield for this investment? If this bond is a revenue bond, what does that mean?

Determining the optimal upper cash limit : What will be the optimal upper cash limit? use 365days per year. Do not round intermediate calculations and round your final answer to 2 decimal places

Economic evaluation of the policy of compulsory licensing : A third means of reducing the social costs of granting a patent life that is too long is a policy of compulsory licensing.

User Account

All Pages