Recent empirical studies find vast industry differences in how patent protection influences innovation and growth. An optimization of aggregate growth, therefore, implies the need for a flexible patent regime responding to each industry's characteristics. In practice, sector-specific...

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to make up for this neglect by scrutinizing in what...

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to make up for this neglect by scrutinizing in what...