How patents provide incentives for invention, innovation, and technological change.

Economic Benefits of the Patent System

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Looking for smart policy ideas for a growing world? Subscribe to the Mercatus Policy Download for all policy, no punditry, and a path forward. Looking to connect with a scholar you heard on the Download? Email mercatusoutreach@mercatus.gmu.edu.

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Economic Benefits of the Patent System

Economic Benefits of the Patent System

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