Perspectives on Commercializing Innovation

Intellectual property is a vital part of the global economy, accounting for about half of the GDP in countries like the United States. Innovation, competition, economic growth, and jobs can all be helped or hurt by different approaches to this key asset class, where seemingly slight changes in the rules of the game can have remarkable impact. This book brings together diverse perspectives from the fields of law, economics, business, and political science to explore the ways varying approaches to intellectual property can positively and negatively impact our economy and society. Employing approaches that are both theoretically rigorous and grounded in the real world, Perspectives on Commercializing Innovation is well suited for practicing lawyers, managers, lawmakers, and analysts, as well as academics conducting research or teaching in a range of courses in law schools, business schools, and economics departments, at either the undergraduate or graduate level. This is one of several collaborations between F. Scott Kieff and Troy A. Paredes through the Hoover Project on Commercializing Innovation, which studies the law, economics, and politics of innovation, including entrepreneurship, corporate governance, finance, economic development, intellectual property, antitrust, and bankruptcy. Visit the Project on the web at www.innovation.hoover.org.

F. Scott Kieff is a professor at the George Washington University Law School in Washington, DC, and also the Ray and Louise Knowles Senior Fellow at Stanford University's Hoover Institution in Stanford, California. He regularly serves as a testifying and consulting expert, mediator and arbitrator to law firms, businesses, government agencies and courts, and on a range of government panels related to business and technology.

Troy A. Paredes is a professor at the Washington University School of Law in St Louis, Missouri. He is a co-author (beginning with the fourth edition) of a multi-volume securities regulation treatise with Louis Loss and Joel Seligman entitled Securities Regulation and is presently on leave from his academic positions, having been appointed by President George W. Bush to the US Securities and Exchange Commission, where he was sworn in on August 1, 2008.