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Innovators, Firms, and Markets challenges the prevailing policy consensus that robustly enforced intellectual property rights suppress competition and innovation by protecting incumbents from entry threats. Jonathan M. Barnett argues that IP rights enhance competition and innovation by enabling entry by idea-rich but capital-poor firms that may otherwise be blocked from the market. The book moves from theory to empirics through an economic history of the U.S. patent system and analysis of firms' lobbying tendencies on IP issues. Case studies of the biotechnology and semiconductor markets…mehr

Produktbeschreibung
Innovators, Firms, and Markets challenges the prevailing policy consensus that robustly enforced intellectual property rights suppress competition and innovation by protecting incumbents from entry threats. Jonathan M. Barnett argues that IP rights enhance competition and innovation by enabling entry by idea-rich but capital-poor firms that may otherwise be blocked from the market. The book moves from theory to empirics through an economic history of the U.S. patent system and analysis of firms' lobbying tendencies on IP issues. Case studies of the biotechnology and semiconductor markets illustrate how patents enable entrepreneurs to play the disruptive function that is critical to successful innovation ecosystems.
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Autorenporträt
Jonathan M. Barnett is the Torrey H. Webb Professor of Law and Director of the Media, Entertainment and Technology Law Program at the Gould School of Law, University of Southern California. He has published widely in scholarly journals, including the Harvard Law Review, Journal of Institutional Economics, Journal of Legal Studies, Review of Law and Economics, Yale Law Journal and others. He also contributes regularly to news and policy publications on intellectual property and antitrust issues. Prior to academia, Professor Barnett practiced corporate law at a leading international law firm.