Description
The first comprehensive textbook covering all aspects of the economics of innovation and the role of intellectual property in encouraging or discouraging innovation.Innovation is widely viewed as the engine behind economic growth, and it has assumed increasing importance in contemporary economic research. In The Economics of Innovation and Intellectual Property, Bronwyn H. Hall and Christian Helmers introduce readers to the use of economic analysis for the understanding of technical change and the innovative process, its determinants, and consequences. The authors cover innovation basics, the measurement of returns to innovation for individuals and the economy, and the use of intellectual property protection by innovators. They focus on the various ways patents have been used by industry to secure returns to innovation, as well as the strategic use of patents, and they emphasize present-day technologies including pharmaceuticals, software, and AI. Clearly organized and accessible, The Economics of Innovation and Intellectual Property offers a useful introduction to economics, business, public policy, and legal studies, and provides a comprehensive collection of references and information from a variety of sources across disciplines. It also includes various boxes with definitions and examples, as well as a brief mathematical appendix explaining concepts that may be unfamiliar and an introduction to data sources.
Table of Contents
List of IllustrationsPreface Acknowledgements How to Use This BookI. Innovation 1: Innovation and Intellectual Property 2: What Is Innovation? 3: Supply and Demand for Innovation4: Appropriation Mechanisms 5: Innovation and Competition in Firms6: Returns to R&D and Innovation7: Diffusion8: Innovation Strategy9: Innovation and Economic Growth10: Innovation Policy II: Intellectual Property Rights and Their Use11: Patents, Utility Models, Design Rights, and Plant Breeder Rights12: Trademarks and Brands 13: Copyright14: Alternatives to Intellectual PropertyIII: The Patent System15: Intellectual Property Rights and Economic Development 16: Patents and Pharmaceuticals17: Software, Business Methods, Open Source, and Artificial Intelligence18: Strategic Patenting, Patent Portfolio Races, and Patent Thickets19: Patent Litigation and Enforcement 20: The Sharing and Exchange of Patents21: Technology Standards and Standard Essential Patents 22: Patent Trolls IV: AppendicesA: Mathematics and StatisticsB: List of AbbreviationsC: Data BibliographyIndex
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