property. It is organized around the two principal objectives of intellectual property law: promoting innovation and aesthetic … creativity (focusing on patent, trade secret, and copyright protection) and protecting integrity of the commercial marketplace … protection and other means of addressing the economic problem (such as public funding and prizes in the case of patent and …

intellectual property right design. We derive conclusions in the simplest, one-time innovation, case then investigate how these … optimal procurement of innovation are considered. Finally, we sketch enforcement and competition policy issues. …

between the propensity to jointly own a patent and proximity in the product market; b) joint patents are associated with less …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now, in … most industries and for most potential users, appropriating a foreign innovation is itself an investment decision fraught … with cost and risk. Nonetheless, standard theory predicts too little innovation. Arguably the problem is exacerbated by the …

This paper contributes to the literature on innovation policies and institutional theory on conditions for effective … universities. The two reforms have adopted different models in the allocation of university patent ownership. The former completely … allocated the patent ownership to universities, while the latter allocated 70% of the patent ownership to the inventors. Based …