In recent years, innovation has been threatened by the United States legal system. Much of the blame can be attributed to the antitrust and intellectual property laws. Innovation for the 21st Century seeks to reverse this trend, offering ten revolutionary proposals, from pharmaceuticals to peer-to-peer software, to help foster innovation. Michael A. Carrier illustrates the benefits of improving the patent system and incorporating innovation into copyright and antitrust law. He also dips into a rich business literature to import ideas on "disruptive innovation" and "user innovation." And he replaces the 20th-century view that the IP and antitrust laws are in conflict with a new 21st-century framework that treats them as collaborators. Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law provides a comprehensive framework for the patent, copyright, and antitrust laws to promote innovation.
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Michael Carrier's Innovation for the 21st Century is sure to be an influential book in the area of intellectual property and competition policy. Carrier does an excellent job of summarizing the problems of IP and proposes workable solutions that come from both competition law and the IP laws themselves. Unlike many of the books and articles that fault the patent system in particular, but offer little in the way of a solution, Carrier asserts strong, creative ideas for reform. He offers ten specific proposals in the areas of antitrust, patents and copyright to make the competition policy/intellectual property system encourage innovation. This book will give law makers, judges, academics, students and all readers interested in innovation and competition policy a great deal to think about Herbert Hovenkamp, The University of Iowa College of Law