The Economics of Innovation and Intellectual Property
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The Economics of Innovation and Intellectual Property
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Abstract
This work is an upper-division and master’s-level text covering the economics of innovation and the ways in which it is encouraged or discouraged by intellectual property (IP) protection. The first part of the book covers the basic features of invention, innovation, diffusion, and the various IP instruments; the contribution of these to firm profits and growth; and the policies that governments use to encourage innovative activity. Part II gives more detailed information on IP rights: patents, copyright, trademarks, and the various alternatives to formal IP. Part III covers several IP (mostly patent) topics in greater detail, looking at specific sectors such as software, including artificial intelligence, and pharmaceuticals, as well as the use of IP in developing countries. It also goes into detail on topics of strategic interest to firms: patent litigation, technology standards and patents, the sharing and exchange of patents, and the strategic use of patents in general. The book’s approach is largely verbal and example-driven, but with simple mathematical models that introduce the reader to the more advanced economics literature in this area and equip them to delve further if they so wish. There is a brief mathematical appendix (Appendix A) containing material that may be unfamiliar to the reader as well as appendices containing the many abbreviations used (B) and an introduction to the data now available for studying the economics of innovation (C). The Bibliography section is large and can serve as a useful compendium of the literature in this area.
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Front Matter
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I. Innovation
Bronwyn H. Hall andChristian Helmers-
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Innovation and Intellectual Property
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1.1 Introduction 1.1 Introduction
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1.2 Innovation and Economic Growth 1.2 Innovation and Economic Growth
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1.3 The Innovative Process 1.3 The Innovative Process
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1.4 Innovation Strategy 1.4 Innovation Strategy
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1.5 Innovation Policy 1.5 Innovation Policy
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1.6 Uses of This Book 1.6 Uses of This Book
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What Is Innovation?
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3
Supply and Demand for Innovation
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4
Appropriation Mechanisms
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5
Innovation and Competition in Firms
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Returns to R&D and Innovation
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Diffusion
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Innovation Strategy
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Innovation and Economic Growth
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Innovation Policy
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1
Innovation and Intellectual Property
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II. Intellectual Property Rights and Their Use
Bronwyn H. Hall andChristian Helmers-
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Patents, Utility Models, Design Rights, and Plant Breeder Rights
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Trademarks and Brands
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Copyright
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Alternatives to Intellectual Property
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14.1 Introduction 14.1 Introduction
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14.2 Informal Appropriation Mechanisms 14.2 Informal Appropriation Mechanisms
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14.2.1 Secrecy 14.2.1 Secrecy
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14.2.2 Lead Time and First-Mover Advantage 14.2.2 Lead Time and First-Mover Advantage
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14.3 The Use of Formal and Informal Mechanisms 14.3 The Use of Formal and Informal Mechanisms
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14.4 The Choice between Formal and Informal Mechanisms: Patenting versus Secrecy 14.4 The Choice between Formal and Informal Mechanisms: Patenting versus Secrecy
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14.4.1 Patent Only versus Secrecy Only 14.4.1 Patent Only versus Secrecy Only
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14.4.2 Patent–Secrecy Combination 14.4.2 Patent–Secrecy Combination
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14.4.3 No Patent, No Secrecy: Disclosure and Publishing 14.4.3 No Patent, No Secrecy: Disclosure and Publishing
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14.5 Innovation without IP 14.5 Innovation without IP
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14.5.1 Open Science 14.5.1 Open Science
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14.5.2 Collective Invention 14.5.2 Collective Invention
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14.5.3 Proprietary versus Public Domain Regimes 14.5.3 Proprietary versus Public Domain Regimes
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14.6 Prizes and Awards 14.6 Prizes and Awards
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14.6.1 Design of Prizes 14.6.1 Design of Prizes
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14.6.2 Empirical Evidence on Prizes 14.6.2 Empirical Evidence on Prizes
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14.7 Summary 14.7 Summary
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Patents, Utility Models, Design Rights, and Plant Breeder Rights
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III. The Patent System
Bronwyn H. Hall andChristian Helmers-
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Intellectual Property Rights and Economic Development
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Patents and Pharmaceuticals
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Software, Business and Financial Methods, Open Source, and Artificial Intelligence
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Strategic Patenting, Patent Portfolio Races, and Patent Thickets
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Patent Litigation and Enforcement
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The Sharing and Exchange of Patents
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Technology Standards and Standard Essential Patents
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Patent Trolls
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Intellectual Property Rights and Economic Development
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End Matter
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- Innovation and Intellectual Property RightsJan Fagerberg ed., Oxford Academic Books, 2006
- Economics of Intellectual Property LawFrancesco Parisi ed., Oxford Academic Books, 2017
- Intellectual Property Incentives: Economics and Policy ImplicationsStephen M. Maurer, Oxford Academic Books, 2017
- Innovation, Startups and Intellectual Property Management
Letizia Tomada, Journal of Small Business & Entrepreneurship, 2020
- Are Intellectual Property Rights Detrimental to Innovation?
Claude Crampes, International Journal of the Economics of Business, 2009
- Integration of Intellectual Property Strategy with Innovation Strategy
Paul Germeraad, Research-Technology Management, 2010
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