Intellectual Property

Patents

A patent provides protection for an invention to the owner of the patent. The protection is granted for a limited period, generally 20 years. Patent protection means that the invention cannot be commercially made, used, distributed or sold without the patent owner's consent.

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TAP Blog

Daniel Spulber Provides Insights into the Value of Patents

Two papers by Professor Daniel Spulber look at the interplay of the economic benefit of patents and the public policies that impact the development of innovation.

TAP Staff Blogger

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Featured Article

Trading and Enforcing Patent Rights

We study how the market for innovation affects enforcement of patent rights.

By: Alberto Galasso, Carlos J. Serrano, Mark Schankerman

Fact Sheets

Patent Reform

A patent is an exclusive legal right to own and market an invention or improvement for a limited period of time, in exchange for public disclosure of the invention.