商品簡介
Interest in intellectual property and other institutions that promote innovationexploded during the 1990s. Innovation and Incentives provides a clear and wide-ranging introductionto the economics of innovation, suitable for teaching at both the advanced undergraduate andgraduate levels. It will also be useful to legal and economics professionals. Written by an experton intellectual property and industrial organization, the book achieves a balanced mix ofinstitutional details, examples, and theory. Analytical, empirical, or institutional factors can begiven different emphases at different levels of study.Innovation and Incentives presents thehistorical, legal, and institutional contexts in which innovation takes place. After a historicaloverview of the institutions that support innovation, ranging from ancient history through today'sgovernment funding and hybrid institutions, the book discusses knowledge as a public good, theeconomic design of intellectual property, different models of cumulative innovation, the relation ofcompetition 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, andglobalization. The text presents technical and abstract analysis and at the same time sheds light oncurrent controversies and policy-relevant topics, including the difficulty of enforcing copyright inthe digital age and international protection of intellectual property.
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