Eric Maskin Quotes
In an industry with highly sequential innovation, it may be better for society to scrap patents altogether than try to tighten them.
Citations
Bessen, James, and Eric S. Maskin. "Sequential Innovation, Patents, and Imitation." The RAND Journal of Economics, vol. 40, no. 4, 2009, pp. 611-635.
Related Quotes
Many people believe that patents—especially in the high technology arena—actually inhibit innovation.
Eric Stark Maskin is an American economist and 2007 Nobel laureate recognized with Leonid Hurwicz and Roger Myerson "for having laid the foundations of mechanism design theory". He is currently Adams University Professor and Professor of Economics and Mathematics at Harvard University.