The economics of innovation and intellectual property

Description
Bronwyn HALL and Christian HELMERS. The economics of innovation and intellectual property. New York, NY : Oxford University Press, 2024. Online resource, e-book.

Covering all aspects of the economics of innovation and the role of intellectual property in encouraging or discouraging innovation, this text introduces readers to the use of economic analysis for the understanding of technical change and the innovative process, its determinants, and consequences. The authors cover innovation basics, the measurement of returns to innovation for individuals and the economy, and the use of intellectual property protection by innovators. They focus on the various ways patents have been used by industry to secure returns to innovation, as well as the strategic use of patents, and they emphasise present-day technologies including pharmaceuticals, software, and AI.