Quarterly Journal of Austrian Economics
Author:
Pierre Desrochers
Online Publish Date:
Volume 1, No. 4 (Winter 1998) Patents have a long history as a proxy for inventive activity. Although these data lost ground in the early 1960s to other measures of technical innovation, they have once again become fashionable in the last decade. There are many reasons to justify their use, ranging from their availability to the fact that they are