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Towards An Integrated Theory Of Intellectual Property, Gideon Parchomovsky, Peter Siegelman
Towards An Integrated Theory Of Intellectual Property, Gideon Parchomovsky, Peter Siegelman
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This Article addresses a curious gap in the theory of intellectual property. One of the central dogmas in both the legal and economic literatures is that patents, copyrights and trademarks constitute separate forms of protection, each serving different purposes and designed to operate independently of the others. By challenging this dogma, however, this Article shows that certain combinations of intellectual property protection give rise to important synergies. When a patentee can develop brand loyalty among its customers, the existence of trademark protection allows her to extend its protection even after her patent expires, and thereby earn higher profits than would …