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Creation without Restraint - Promoting Liberty and Rivalry in Innovation (Hardcover)
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Creation without Restraint - Promoting Liberty and Rivalry in Innovation (Hardcover)
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Both antitrust and intellectual property laws are intended to
facilitate economic growth. Antitrust is meant to encourages
competition of all kinds and intellectual property law should offer
inventors and artists the correct incentives to develop new ideas
and technologies, but the harsh reality is that antitrust and IP
laws have wandered off this course.
In Creation without Restraint: Promoting Liberty and Rivalry in
Innovation, Christina Bohannan and Herbert Hovenkamp analyze the
current state of competition (antitrust) and intellectual property
laws, and propose realistic reforms that will encourage innovation.
As with antitrust and a reform process that aligned injury
requirements in lawsuits with the incentive to compete, this book
proposes similar reforms for patent and copyright law, and
considers both the uses and limitations of antitrust as a vehicle
for intellectual property law reform. This book considers how
antitrust and IP law should engage practices that restrain rather
than promote innovation, and covers the troubled topic of IP
"misuse," which the authors suggest needs a broader reach but
narrower remedies.
Bohannan and Hovenkamp also evaluate the uses and limits of
antitrust to address a variety of practices in innovation intensive
markets, including interconnection in networks, duties to deal, and
internet neutrality. The book constructs a framework and rules for
governing the "innovation commons," or the vast area that involves
collaborative innovation. Finally, it considers ways to further
competition in the licensing and distribution of IP rights, and
offers several proposals for specific reforms, most of which can be
instituted by the courts without the need for new legislation.
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