Because the Internet provides an infrastructure where the marginal costs of distributing digitized information goods is close to zero, it will tend to drive market prices for information goods toward zero. At the same time, by providing “cheap exit” from localized information regulatory...

Patent law offers a set of exclusive rights to innovators, awarding such rights for inventions that meet certain statutory criteria. The statutory requirements for invention incorporate purportedly objective criteria against which new technologies are measured for patent eligibility. For...

Legal governance and regulation is becoming increasingly reliant on data collection and algorithmic data processing. In the area of copyright, on-line protection of digitized works is frequently mediated by algorithmic enforcement systems intended to purge illicit content and limit the liability...

As a framework regulation for innovation markets, the patent system needs to be tailored to the innovation process, which it is supposed to serve, and to the competitive environment, within which it must operate. In order to ensure an efficient functionality of the patent system as an innovation...

Economic theory has struggled to produce a coherent narrative justifying the implementation of intellectual property regimes, although a variety of rationales have been advanced as explanations. The most prevalent justification characterizes the subject matter of intellectual property in terms...

Patent law is crucial to encourage technological innovation. But as the patent system currently stands, diverse industries from pharmaceuticals to software to semiconductors are all governed by the same rules even though they innovate very differently. The result is a crisis in the patent...

Machine learning systems, a form of artificial intelligence (AI), are increasingly being deployed both for the creation of innovative works and the administration of intellectual property (IP) rights associated with those works. At the same time, evidence of racial bias in IP systems is manifest...

Humans have long used a variety of tools to convey artistic expression. Perhaps the most recent and mysterious artistic tools are machine learning or “artificially intelligent” (AI) computer systems that have captured popular attention. When taken in isolation, these devices seem to operate...