Perspectives on Commercializing Innovation

This book 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.