Perspectives on Commercializing Innovation

F. Scott Kieff is a professor at the George Washington University Law School in Washington, DC, and also the Ray and Louise Knowles Senior Fellow at Stanford University's Hoover Institution in Stanford, California. He regularly serves as a testifying and consulting expert, mediator and arbitrator to law firms, businesses, government agencies and courts, and on a range of government panels related to business and technology. Troy A. Paredes is a professor at the Washington University School of Law in Saint Louis, Missouri. He is a co-author (beginning with the fourth edition) of a multi-volume securities regulation treatise with Louis Loss and Joel Seligman entitled Securities Regulation and is presently on leave from his academic positions, having been appointed by President George W. Bush to the U.S. Securities and Exchange Commission, where he was sworn in on August 1, 2008.

Explores the ways that intellectual property impacts our economy and society.

Part I. Perspectives on Theories of Intellectual Property: 1. Intellectual property and the theory of the firm Daniel F. Spulber; 2. A transactional view of property rights Robert P. Merges; 3. The modularity of patent law Henry E. Smith; 4. Forging a new environmental and resource economics paradigm: the contractual bases for exchange Terry L. Anderson and Gary D. Libecap; 5. Commercializing the public domain Michael B. Abramowicz; Part II. Perspectives on the Problems of Anticommons and Patent Thickets: 6. A private ordering solution to the public problems of anticommons F. Scott Kieff and Troy A. Paredes; 7. Understanding the RAND commitment Douglas Lichtman; 8. Embryonic inventions and embryonic patents: prospects, prophecies, and pedis possessio John F. Duffy; 9. Innovation and its discontents Adam B. Jaffe and Josh Lerner; Part III. Perspectives on Finance and Commercialization: 10. Patents as options Shaun Martin and Frank Partnoy; 11. Access to finance and the technological innovation: a historical experiment Stephen Haber; 12. The decline of the American inventor: a Schumpeterian story? Naomi R. Lamoreaux and Ken Sokoloff; Part IV. Perspectives on the University Innovation: 13. University software: patents, open source, and commercialization John R. Allison, Arti K. Rai and Bhaven Sampat; 14. The impact of the Bayh-Dole Act on genetic research and development: evaluating the arguments and empirical research to date Charles R. McManis and Sucheol Noh; 15. Patents, material transfers and access to research inputs in biomedical research Wesley M. Cohen, John P. Walsh and Charlene Cho; 16. Are universities the new patent trolls? Mark Lemley; Part V. Perspectives on International Considerations: 17. Successful factors for commercializing the results of research and development in emerging economies - a preliminary study of ITRI in Taiwan Paul C. B. Liu, Kuang-Wei Chueh and Mong-Yao Ker; 18. Commercializing university research: beyond economic incentives Richard Gold.