ABOUT THE BOOK
In The Economics of Innovation and Intellectual Property, Bronwyn H. Hall and Christian Helmers introduce 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 emphasize present-day technologies, such as pharmaceuticals and AI.
Clearly organized and accessible, the book offers a useful introduction to economics, business, public policy, and legal studies and provides a comprehensive collection of references and information from a variety of sources across disciplines.
ABOUT AUTHORS
Bronwyn Hall is Professor of Economics Emerita at the University of California at Berkeley, Visiting Professor at MPI-Munich, and a Research Associate at the NBER, IFS-London, and the Innovation Lab, College de France.
Christian Helmers is Professor of Economics at the Leavey School of Business at Santa Clara University and Visiting Professor at KU Leuven.