Economic Models of Innovation: Stand-Alone and Cumulative Creativity

Ben Depoorter & Peter S. Menell (eds.), Research Handbook on the Economics of Intellectual Property Law: Vol I. Theory (2018)

UC Berkeley Public Law Research Paper

46 Pages Posted: 12 Sep 2018

See all articles by Peter S. Menell

Peter S. Menell

University of California, Berkeley - School of Law

Suzanne Scotchmer

University of California - Department of Economics (Deceased); University of California, Berkeley - School of Law; National Bureau of Economic Research (NBER)

Date Written: September 8, 2018

Abstract

This chapter examines economic models of innovation and the ramifications for intellectual property policy. It begins with stand-alone innovation and then introduces cumulative innovation. The analysis explores eligibility requirements, duration and breadth of protection, rights and defenses, remedies, and channeling doctrines. The chapter emphasizes the role of licensing and cumulative innovation.

Keywords: Innovation, Intellectual Property, Cumulative Innovation, Cumulative Creativity, Patent, Copyright

JEL Classification: K19

Suggested Citation

Menell, Peter S. and Scotchmer, Suzanne, Economic Models of Innovation: Stand-Alone and Cumulative Creativity (September 8, 2018). Ben Depoorter & Peter S. Menell (eds.), Research Handbook on the Economics of Intellectual Property Law: Vol I. Theory (2018); UC Berkeley Public Law Research Paper. Available at SSRN: https://ssrn.com/abstract=3246159 or http://dx.doi.org/10.2139/ssrn.3246159

Peter S. Menell (Contact Author)

University of California, Berkeley - School of Law ( email )

215 Boalt Hall
Berkeley, CA 94720-7200
United States

Suzanne Scotchmer

University of California - Department of Economics (Deceased)

Berkeley, CA 94720-3880
United States

University of California, Berkeley - School of Law

215 Boalt Hall
Berkeley, CA 94720-7200
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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