What is behind the so called patent paradox

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1. Explain how IP law strikes a balance between dynamic and static efficiency considerations or, in other words, between incentives and use.

2. What is behind the so-called ‘patent paradox'? How can it be explained?

3. Why isn't it optimal in terms of public policy to have patents that last forever? Discuss.

4. Does a firm have incentives to license its innovation to rival firms? Discuss.

Reference no: EM131282399

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