understood as being charged with sufficiently incentivizing innovation. Thus, excessively rewarding patent holders is not among … conversations about innovation incentives and fair drug pricing. To the extent states are patent preempted from regulation reaching …, however, confronts the headwinds of patent preemption. As patent rights are federally conferred, how—if at all—may states …

of a patent is the worst thing that has ever happened to patents.” “The model can never be accurate enough.” These are …

Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory … more important when there is an increase in network effects. A consequence is higher innovation incentives under an … reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. -- Acquisitions …

analyzes these issues for two types of innovation. While price bounds increase static efficiency they reduce incentives to …