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Competition Policy and Patent Law under Uncertainty - Regulating Innovation (Hardcover)
Loot Price: R3,517
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Competition Policy and Patent Law under Uncertainty - Regulating Innovation (Hardcover)
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The regulation of innovation and the optimal design of legal
institutions in an environment of uncertainty are two of the most
important policy challenges of the twenty-first century. Innovation
is critical to economic growth. Regulatory design decisions, and,
in particular, competition policy and intellectual property
regimes, can have profound consequences for economic growth.
However, remarkably little is known about the relationship between
innovation, competition, and regulatory policy. Any legal regime
must attempt to assess the tradeoffs associated with rules that
will affect incentives to innovate, allocative efficiency,
competition, and freedom of economic actors to commercialize the
fruits of their innovative labors. The essays in this book approach
this critical set of problems from an economic perspective, relying
on the tools of microeconomics, quantitative analysis, and
comparative institutional analysis to explore and begin to provide
answers to the myriad challenges facing policymakers.
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