Innovation and Incentives / Edition 1

Innovation and Incentives / Edition 1

by Suzanne Scotchmer
     
 

ISBN-10: 0262693437

ISBN-13: 9780262693431

Pub. Date: 09/01/2006

Publisher: MIT Press

Interest in intellectual property and other institutions that promote innovation exploded during the 1990s. Innovation and Incentives
provides a clear and wide-ranging introduction to the economics of innovation,
suitable for teaching at both the advanced undergraduate and graduate levels. It will also be useful to legal and economics professionals.

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Overview

Interest in intellectual property and other institutions that promote innovation exploded during the 1990s. Innovation and Incentives
provides a clear and wide-ranging introduction to the economics of innovation,
suitable for teaching at both the advanced undergraduate and graduate levels. It will also be useful to legal and economics professionals. Written by an expert on intellectual property and industrial organization, the book achieves a balanced mix of institutional details, examples, and theory. Analytical, empirical, or institutional factors can be given different emphases at different levels of study.

Innovation and Incentives presents the historical, legal, and institutional contexts in which innovation takes place. After a historical overview of the institutions that support innovation, ranging from ancient history through today's government funding and hybrid institutions, the book discusses knowledge as a public good, the economic design of intellectual property,
different models of cumulative innovation, the relation of competition to licensing and joint ventures, patent and copyright enforcement and litigation, private/public funding relationships, patent values and the return on R&D investment,
intellectual property issues arising from direct and indirect network externalities,
and globalization. The text presents technical and abstract analysis and at the same time sheds light on current controversies and policy-relevant topics, including the difficulty of enforcing copyright in the digital age and international protection of intellectual property.

The MIT Press

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Product Details

ISBN-13:
9780262693431
Publisher:
MIT Press
Publication date:
09/01/2006
Edition description:
New Edition
Pages:
376
Product dimensions:
7.00(w) x 9.00(h) x 0.62(d)
Age Range:
18 Years

Table of Contents

1Institutions : a brief excursion through history1
2Investing in knowledge31
3A primer for nonlawyers on intellectual property65
4On the optimal design of intellectual property97
5Standing on the shoulders of giants : protecting cumulative innovators127
6Licensing, joint ventures, and competition policy161
7Litigation and enforcement197
8Innovation today : a private-public partnership227
9The value of R&D and patents259
10Networks and network effects289
11Innovation in the global economy319

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