ORPHAN BUSINESS MODELS: TOWARD A NEW FORM OF INTELLECTUAL PROPERTY

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  • Additional Information
    • Publication Information:
      Harvard Law Review Association, 2011.
    • Publication Date:
      2011
    • Abstract:
      Drug companies will often have insufficient incentives to undertake clinical testing on drugs ineligible for patent protection. The Orphan Drug Act combats this problem by providing a limited term of exclusivity to companies willing to shepherd a drug through FDA approval. This strategy is a form of intellectual property protection that might be applicable in many contexts beyond drugs, but the literature has not previously addressed the design and potential scope of such protection. Sometimes, no company will pursue a risky business model even when experimentation with that business model would increase expected social welfare, because other companies would free ride on information from the experiment. The Supreme Court's recent holding in Bilski v. Kappos may provide a basis for incorporating such concerns into patent law, but targeted exclusivity rights for orphan business models may provide a better tailored solution. Such rights should be awarded to the company that agrees to the shortest exclusivity term, and a decentralized bonding mechanism can further reduce the risk of unnecessary protection. This Article identifies a number of contexts in which orphan business model protections might be desirable and also considers the possibility of using exclusive rights to foster legal experimentation.
    • ISSN:
      0017811X
    • Rights:
      Copyright © 2011 THE HARVARD LAW REVIEW ASSOCIATION
    • Accession Number:
      edsjsr.41149825
  • Citations
    • ABNT:
      MICHAEL ABRAMOWICZ. Orphan Business Models: Toward a New Form of Intellectual Property. Harvard Law Review, [s. l.], v. 124, n. 6, p. 1362, 2011. Disponível em: . Acesso em: 22 jul. 2019.
    • AMA:
      Michael Abramowicz. Orphan Business Models: Toward a New Form of Intellectual Property. Harvard Law Review. 2011;124(6):1362. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428. Accessed July 22, 2019.
    • APA:
      Michael Abramowicz. (2011). Orphan Business Models: Toward a New Form of Intellectual Property. Harvard Law Review, 124(6), 1362. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428
    • Chicago/Turabian: Author-Date:
      Michael Abramowicz. 2011. “Orphan Business Models: Toward a New Form of Intellectual Property.” Harvard Law Review 124 (6): 1362. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428.
    • Harvard:
      Michael Abramowicz (2011) ‘Orphan Business Models: Toward a New Form of Intellectual Property’, Harvard Law Review, 124(6), p. 1362. Available at: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428 (Accessed: 22 July 2019).
    • Harvard: Australian:
      Michael Abramowicz 2011, ‘Orphan Business Models: Toward a New Form of Intellectual Property’, Harvard Law Review, vol. 124, no. 6, p. 1362, viewed 22 July 2019, .
    • MLA:
      Michael Abramowicz. “Orphan Business Models: Toward a New Form of Intellectual Property.” Harvard Law Review, vol. 124, no. 6, 2011, p. 1362. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428.
    • Chicago/Turabian: Humanities:
      Michael Abramowicz. “Orphan Business Models: Toward a New Form of Intellectual Property.” Harvard Law Review 124, no. 6 (2011): 1362. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428.
    • Vancouver/ICMJE:
      Michael Abramowicz. Orphan Business Models: Toward a New Form of Intellectual Property. Harvard Law Review [Internet]. 2011 [cited 2019 Jul 22];124(6):1362. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.41149825&custid=s8280428