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)
46 Pages Posted: 12 Sep 2018
Date Written: September 8, 2018
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: Suggested Citation