ECON 340 - Innovation and Patents

Institution:

Washington and Lee University

Subject:

Economics

Description:

Prerequisite: INTR 202. Studying innovation and technological change is extremely important in economics. This course examines the innovation process paying special attention to the role played by patents and patent law. After a brief introduction to patent law and the justification for patent rights, we study issues such as the financial return to patenting, the strategic use of patents in business, knowledge spillovers, and ways in which patents may deter innovation (patent trolls, patent thickets, and the tragedy of the “anti-commons”). A significant part of the course involves hands-on work with patent and financial data using Stata. Marco.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.wlu.edu/

Phone Number:

(540) 458-8400

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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