Growth in technology has always been at heart of economic development. What mechanisms yield best economically useful technology, i.e. increasing productivity on natural resources? The research focuses on the role of the patent system in economic development, including North-South exchange. The goal is to better understand the selection process and growth of new technology – at heart of economic development – for economic use, innovation, new job creation, resulting in GDP per capita growth, based on exchange in human ideas.
Using experimental economics as a method we can study emerging market designs, and in the laboratory do variations to the rules, and thus to study that which is not. This method allows patent markets, which yet do not exist in organized form, to be scientifically investigated and better understand the transition from personal to impersonal exchange in ideas.
The research has attracted interest from the UN, WTO, developing nations and, naturally, patent offices, with its economic policy proposal to view the patent system as a trade system, and is published in several books and book chapters.
Applying this research in the field is done through consulting work, including patent offices, government agencies and firms, building on 20 years of management consulting experience. Consulting projects allows to finding out how well the findings in the laboratory work out in the field, making the research focused on the actual operation of an economic system built on technology.