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Boldrin & Levine: Against Intellectual Monopoly, Chapter 4 Chapter 4. The Evil of Intellectual Monopoly We hope by now to have convinced at least a few among you that there has been, there is, and there would be plentiful innovation in the absence of intellectual monopoly. We took this as our starting point because a widespread disbelief in the ability of competitive markets to reward innovators inhibits thinking about a functioning free market economy without intellectual monopoly. After establishing Moremonopoly is one possible form of intervention. ... This form of inefficiency is specific to the kind ...... at www.uspto.gov/web/offices/ac/ido/oeip/taf/us_stat.pdf. Since ... Less
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