may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

affected. In the case of software, recent scholarship has illuminated the innovation profile of the current industry. Software …Patents constitute our foremost policy tool for encouraging innovation. However, because each new technology provides … an important input to subsequent innovation, the exclusive rights conferred by a patent may also impose significant costs …

This paper studies the impact of software piracy in a two-sidedmarket setting. Software platforms attract developers … higher with more software protection but the impact on user prices is ambiguous. A conflict between platforms and software … developers over software protection may arise: whereas one side benefits from better protection, the other party loses out. Under …

in the software market, and the effect that these have on the optimal level of protection. A large number of surveys have … been undertaken to analyse the characteristics of software pirates and their incentives to pirate. This paper attempts to …

When commentators discuss innovation’s externalities, they often classify them into one of two categories. On the … positive externalities, or “spillovers” side, legal and economics scholars often speak of the benefits innovation confers on … other innovators. Future innovators profit from past innovation as they “stand on the shoulders of giants” to develop …

fulfill the responsibilities they have been assigned in fostering innovation. But I argue here that in their moments of …