Hardback
Handbook on Law, Innovation and Growth
A central goal of any economy is to achieve rapid and sustained growth. This cannot happen without continued innovation. This landmark Handbook brings together many of the world’s legal scholars to examine features of the legal infrastructure that affect both innovation and growth. Individual chapters explore different legal subject areas, in most cases offering recommendations for rule changes that could accelerate growth, primarily in the context of the US economy. The introductory chapter provides a framework for these discussions and explains why it is time for legal scholarship and research to move in that direction.
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Contributors
Contents
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This Handbook provides breakthrough analyses on an important, cutting-edge topic: the connections between the legal system, both in substance and process, and innovation and growth.
Arguably the most important intellectual development in legal scholarship and judicial decision-making over the past four decades has been the increasing use of economic modes of analysis in legal reasoning. The Handbook on Law, Innovation and Growth sheds new light on the linkages between innovation, growth and the legal system, answering questions that will help policymakers better understand and implement the law in an effort to advance economic welfare. This Handbook brings together many prominent scholars to examine the features of the legal infrastructure that affect both innovation and growth. Individual chapters explore different legal subject areas, in most cases offering recommendations for rule changes that could accelerate growth, primarily in the context of the US economy. The introductory chapter cohesively ties all of the contributions together and explains why it is time for legal scholarship and research to move in a new direction.
Surpassing other literature on the subject, this landmark Handbook is certainly a critical volume for any student or scholar of law and economics.
Arguably the most important intellectual development in legal scholarship and judicial decision-making over the past four decades has been the increasing use of economic modes of analysis in legal reasoning. The Handbook on Law, Innovation and Growth sheds new light on the linkages between innovation, growth and the legal system, answering questions that will help policymakers better understand and implement the law in an effort to advance economic welfare. This Handbook brings together many prominent scholars to examine the features of the legal infrastructure that affect both innovation and growth. Individual chapters explore different legal subject areas, in most cases offering recommendations for rule changes that could accelerate growth, primarily in the context of the US economy. The introductory chapter cohesively ties all of the contributions together and explains why it is time for legal scholarship and research to move in a new direction.
Surpassing other literature on the subject, this landmark Handbook is certainly a critical volume for any student or scholar of law and economics.
Contributors
Contributors: J.M. Barnett, R.A. Booth, F. Ederer, S.J.H. Graham, D. Greenbaum, R.E. Litan, A.J. Luppino, G. Manso, S. O’Connor, G. Parchomovsky, J.D. Putnam, T.M. Sichelman, J.C. Spindler, D.F. Spulber, A. Stein, A.B. Tepperman
Contents
Contents:
1. Is the Law Dynamically Efficient?
Robert E. Litan
2. The Role of the Entrepreneur in Economic Growth
Daniel F. Spulber
3. Integrity and Innovation in the Public Capital Markets: A Survey of the Securities Law Literature
James C. Spindler
4. Securities Litigation and Innovation
Richard A. Booth
5. Incentives for Innovation: Bankruptcy, Corporate Governance, and Compensation Systems
Florian Ederer and Gustavo Manso
6. Intellectual Property Rights and Economic Progress: A Review of the Literature
Jonathan D. Putnam and Andrew B. Tepperman
7. Torts and Innovation
Gideon Parchomovsky and Alex Stein
8. Do Patents Matter? Empirical Evidence on the Incentive Thesis
Jonathan M. Barnett
9. Why Do Entrepreneurs Patent?
Ted M. Sichelman and Stuart J.H. Graham
10. National Technology Transfer Mechanisms
Dov Greenbaum
11. Controlling the Means of Innovation: The Centrality of Private Ordering Arrangements for Innovators and Entrepreneurs
Sean O’Connor
12. The Value of Lawyers as Members of Entrepreneurial Teams
Anthony J. Luppino
Index
1. Is the Law Dynamically Efficient?
Robert E. Litan
2. The Role of the Entrepreneur in Economic Growth
Daniel F. Spulber
3. Integrity and Innovation in the Public Capital Markets: A Survey of the Securities Law Literature
James C. Spindler
4. Securities Litigation and Innovation
Richard A. Booth
5. Incentives for Innovation: Bankruptcy, Corporate Governance, and Compensation Systems
Florian Ederer and Gustavo Manso
6. Intellectual Property Rights and Economic Progress: A Review of the Literature
Jonathan D. Putnam and Andrew B. Tepperman
7. Torts and Innovation
Gideon Parchomovsky and Alex Stein
8. Do Patents Matter? Empirical Evidence on the Incentive Thesis
Jonathan M. Barnett
9. Why Do Entrepreneurs Patent?
Ted M. Sichelman and Stuart J.H. Graham
10. National Technology Transfer Mechanisms
Dov Greenbaum
11. Controlling the Means of Innovation: The Centrality of Private Ordering Arrangements for Innovators and Entrepreneurs
Sean O’Connor
12. The Value of Lawyers as Members of Entrepreneurial Teams
Anthony J. Luppino
Index
