Abstract

http://ssrn.com/abstract=1576150
 
 

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Review of Michael Carrier's 'Innovation in the 21st Century'


Geoffrey A. Manne


International Center for Law & Economics (ICLE)

March 21, 2010

Alabama Law Review, Vol. 61, pp. 553-558, 2010

Abstract:     
This essay reviews Michael Carrier's recent book, Innovation in the 21st Century. While the book is well-written and full of accessible content, it nevertheless fails in its ambitious effort to defend the concept of an antitrust-relevant "innovation market." The essay notes that there is considerable uncertainty about the relationship between regulation and innovation, and suggests that Carrier is insufficiently sensitive to the limitations of his analysis.

Number of Pages in PDF File: 6

Keywords: Antitrust, Innovation, Michael Carrier, Innovation Market, Error Cost, Pharmaceuticals, Patents

JEL Classification: K10, K21, L11, L12, L40, L65, O31, O34

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Date posted: March 24, 2010  

Suggested Citation

Manne, Geoffrey A., Review of Michael Carrier's 'Innovation in the 21st Century' (March 21, 2010). Alabama Law Review, Vol. 61, pp. 553-558, 2010. Available at SSRN: http://ssrn.com/abstract=1576150

Contact Information

Geoffrey A. Manne (Contact Author)
International Center for Law & Economics (ICLE) ( email )
2325 East Burnside St.
Suite 301
Portland, OR 97214
United States
503-770-0650 (Phone)
HOME PAGE: http://www.laweconcenter.org
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