Menell, Peter S.; Scotchmer, Suzanne --- "Economic models of innovation: stand-alone and cumulative creativity" [2019] ELECD 1935; in Depoorter, Ben; Menell, Peter; Schwartz, David (eds), "Research Handbook on the Economics of Intellectual Property Law" (Edward Elgar Publishing, 2019) 119

Book Title: Research Handbook on the Economics of Intellectual Property Law

Editor(s): Depoorter, Ben; Menell, Peter; Schwartz, David

Publisher: Edward Elgar Publishing

Section: Chapter 6

Section Title: Economic models of innovation: stand-alone and cumulative creativity

Author(s): Menell, Peter S.; Scotchmer, Suzanne

Number of pages: 38

Abstract/Description:

This chapter examines economic models of innovation and the ramifications for intellectual property policy. It begins with stand-alone innovation and then introduces cumulative innovation. The analysis explores eligibility requirements, duration and breadth of protection, rights and defenses, remedies, and channeling doctrines. The chapter emphasizes the role of licensing and cumulative innovation.