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Kieff on Carrier’s Innovation in the 21st Century
I, too, join the rest of the participants in congratulating Michael Carrier on this great book about this great topic. I have enjoyed reading Michael’s work in the past and I enjoyed meeting him at a conference last year. He is a wonderfully warm, bright, and engaging person. Although I wish that I had more ... Kieff on Carrier’s Innovation in the 21st Century
Frischmann on Carrier’s Innovation in the 21st Century
I enjoyed reading Mike’s book very much. It provides an excellent primer on antitrust, IP, and innovation. He synthesizes the legal and economic foundations, contours, and controversies in an accessible fashion. I applaud him for doing this because frankly, it is tough to do given that the fields are quite technical and specialized. The book ... Frischmann on Carrier’s Innovation in the 21st Century
Crouch on Carrier’s Innovation in the 21st Century
I am enjoying Professor Carrier’s new book Innovation in the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law. I will focus my discussion here on patent issues discussed in Part III of the book. As other commentaries have noted the book is long on conclusions and proposals but somewhat short on justifications for ... Crouch on Carrier’s Innovation in the 21st Century
Symposium Halftime
We’re halfway through the TOTM symposium on Professor Carrier’s Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law. I’ve provided links to Monday’s posts on the book related to antitrust issues: Dan Crane Phil Weiser Geoff Manne Josh Wright The comments to those posts are still live. So feel free ... Symposium Halftime
Wright on Carrier's Innovation in the 21st Century
First, I want to join the rest of the participants in congratulating Professor Carrier on an excellent and well-written book emerging out of a thoughtful and ambitious project. The project, and the book, are provocative, important contributions to the literature, and usefully synthesize many of the most important debates in both antitrust and intellectual property. ... Wright on Carrier's Innovation in the 21st Century
Manne on Carrier's Innovation in the 21st Century
Michael Carrier has written a timely and interesting book. Like Dan, I’m still digesting it (which means, in translation: I have not yet read every word). There is much to like about the book, in particular its accessible format and content. I do fear that it is a bit overly ambitious, however, hoping both to ... Manne on Carrier's Innovation in the 21st Century
Weiser on Carrier’s Innovation in the 21st Century
It is trite to say that “we are all Schumpeterians now.” When it comes to appreciating the importance of innovation and entrepreneurship, however, we are. Schumpeter, unfortunately, did not leave a theory of innovation that lends itself to easy application to public policy prescriptions, as Brad De Long has explained so clearly. By so clearly ... Weiser on Carrier’s Innovation in the 21st Century
Crane on Carrier’s Innovation in the 21st Century
Congratulations to Mike on a very fine book, which I must admit I am still in the process of digesting. I will confine my initial comments to Mike’s chapter on patent settlements (Chapter 15), which I understand will also be coming out as an article in the Michigan Law Review. Patent settlements involving “reverse payments” ... Crane on Carrier’s Innovation in the 21st Century
Their Judgment Has Been Otherwise Impeccable
I’m very pleased to announce that starting Fall 2009 I will be a new addition, by way of a courtesy appointment supplementing my primary appointment to the Law School, to the GMU Economics Department. The department has a wonderful reputation (and ranking) in law and economics (amongst other things of course: its entrepreneurial spirit and ... Their Judgment Has Been Otherwise Impeccable
Capitalism is Good
A friendly reminder from Becker and Murphy: Consider the following extraordinary statistics about the performance of the world economy since 1980. World real gross domestic product grew by about 145 per cent from 1980 to 2007, or by an average of roughly 3.4 per cent a year. The so-called capitalist greed that motivated business people ... Capitalism is Good
Antitrust Pleading After Twombly
Here’s a report from Shearman & Stearling (HT: Point of Law). A few interesting highlights from the report: “federal courts are granting, at almost a 2:1 ratio, defendants’ motions to dismiss.” Sample sizes still too small to say anything meaningful about inter-Circuit variation, but the report tells us that the D.C. Circuit has refused to ... Antitrust Pleading After Twombly
ABA Spring Meetings
I’ll be in DC next week for the ABA Spring Meetings — including teaching an antitrust fundamentals course on basic economic principles on Wednesday morning (along with co-panelists Andrew Gavil (Howard), Erika Brown-Lee (FTC). One of the panels I’m most interested in watching is the Friday morning enforcers roundtable which looks like it will feature ... ABA Spring Meetings