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Innovation and Incentives

Author

Listed:
  • Suzanne Scotchmer

    () (University of California, Berkeley)

Abstract

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.

Suggested Citation

  • Suzanne Scotchmer, 2006. "Innovation and Incentives," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262693437, December.
  • Handle: RePEc:mtp:titles:0262693437
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    Citations

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    Cited by:

    1. Kirk B. Doran & George J. Borjas, 2013. "Prizes and Productivity- How Winning the Fields Medal Affects Scientific Output," Working Papers 022, University of Notre Dame, Department of Economics, revised Aug 2013.
    2. Claudine Gay & Isabelle Liotard & Valérie Revest, 2019. "Internet innovation contests: a relevant policy tool for responsible research and innovation? [Les concours d’innovation en ligne : un instrument pertinent pour la recherche et l’innovation respons," Post-Print hal-02071112, HAL.
    3. Katrin Hussinger, 2006. "Is Silence Golden? Patents Versus Secrecy At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(8), pages 735-752.
    4. Giebe, Thomas, 2014. "Innovation contests with entry auction," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 165-176.
    5. Liotard, Isabelle & Revest, Valérie, 2018. "Contests as innovation policy instruments: Lessons from the US federal agencies' experience," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 57-69.
    6. Anupam B. Jena & Stéphane Mechoulan & Tomas J. Philipson, 2010. "Altruism and Innovation in Health Care," Journal of Law and Economics, University of Chicago Press, vol. 53(3), pages 497-518.
    7. Meek, William R. & Pacheco, Desirée F. & York, Jeffrey G., 2010. "The impact of social norms on entrepreneurial action: Evidence from the environmental entrepreneurship context," Journal of Business Venturing, Elsevier, vol. 25(5), pages 493-509, September.
    8. Tomas Philipson & Stephane Mechoulan & Anupam Jena, 2006. "Health Care, Technological Change, and Altruistic Consumption Externalities," NBER Working Papers 11930, National Bureau of Economic Research, Inc.
    9. Siebert, Ralph Bernd, 2017. "A structural model on the impact of prediscovery licensing and research joint ventures on innovation and product market efficiency," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 89-124.
    10. Daron Acemoglu & Ufuk Akcigit, 2006. "State-Dependent Intellectual Property Rights Policy," NBER Working Papers 12775, National Bureau of Economic Research, Inc.
    11. Hoon Jang, 2018. "Association of SME and Government Policy Factors with the Creation of New Employment: Manufacturing Industry in Korea," Social Sciences, MDPI, Open Access Journal, vol. 7(6), pages 1-16, June.
    12. Shakun D. Mago & Roman M. Sheremeta, 2017. "Multi‐battle Contests: An Experimental Study," Southern Economic Journal, John Wiley & Sons, vol. 84(2), pages 407-425, October.
    13. Graevenitz, Georg von, 2005. "Integrating competition policy and innovation policy: the case of R&D cooperation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 35, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    14. Angus Chu, 2010. "Effects of patent length on R&D: a quantitative DGE analysis," Journal of Economics, Springer, vol. 99(2), pages 117-140, March.
    15. Kelvin W. Willoughby, 2013. "Intellectual Property Management And Technological Entrepreneurship," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 10(06), pages 1-42.
    16. repec:dau:papers:123456789/7720 is not listed on IDEAS
    17. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2014. "Why Stare Decisis?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 726-738, October.
    18. Angus Chu, 2010. "Effects of patent length on R&D: a quantitative DGE analysis," Journal of Economics, Springer, vol. 99(2), pages 117-140, March.
    19. Haeussler, Carolin & Sauermann, Henry, 2013. "Credit where credit is due? The impact of project contributions and social factors on authorship and inventorship," Research Policy, Elsevier, vol. 42(3), pages 688-703.
    20. Christian Jaag, 2013. "Intellectual Property Rights and the Future of Universal Service Obligations in Communications," Working Papers 0040, Swiss Economics.
    21. Carol A. Krech & Frauke Rüther & Oliver Gassmann, 2015. "Profiting From Invention: Business Models Of Patent Aggregating Companies," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-26.
    22. George J. Borjas & Kirk B. Doran, 2015. "Prizes and Productivity: How Winning the Fields Medal Affects Scientific Output," Journal of Human Resources, University of Wisconsin Press, vol. 50(3), pages 728-758.
    23. Burr, Chrystie & Knauff, Malgorzata & Stepanova, Anna, 2013. "On the prisoner’s dilemma in R&D with input spillovers and incentives for R&D cooperation," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 254-261.
    24. Nam P. Suh, 2010. "A Theory Of Innovation And Case Study," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 14(05), pages 893-913.

    More about this item

    Keywords

    innovation economics; intellectual property; institutional incentives;

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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