| 英文摘要 |
Macroeconomic models using representative individuals estimate optimal patent lengths that are much longer than current actual patent length. In the forever young overlapping generation model under the setting of fixed mortality, extending patents expands the inter-generational wealth gap, and the estimated optimal patent length is shorter, but still longer than the current actual patent length. When we consider the phenomenon that mortality increases with age, the mortality rate of older people who benefit from patent extension is higher, resulting in the optimal patent length being shorter. Although it is still longer than the current actual patent, it is already very closer. |