The Economics of Innovation and Intellectual Property

Reviews / Votes

There is a 'before' and an 'after' Hall and Helmer's masterful textbook. Up to now, a reader interested both in the economic impacts of innovation and in the role and design of patent systems would have no synthetic text to rely upon. The Economics of Innovation and Intellectual Property does a beautiful job at filling this gap. With great pedagogy, the authors bring the reader to the knowledge frontier on both the macroeconomic impacts and the microeconomic underpinnings of innovation. This book is an absolute must-read for anyone * students, economic scholars and practitioners, lawyersinterested in innovation, growth, and intellectual property.Philippe Aghion, College de France and INSEAD * With the publication of The Economics of Innovation and Intellectual Property, Hall and Helmers have produced an extraordinarily comprehensive, rigorous and deeply thoughtful volume. This impressive text now makes the learning of more than six decades of theoretical and empirical economics in this important subfield readily available to advanced undergraduate and graduate economics students interested in innovation and technological change. * Wesley Cohen, Fuqua School of Business, Duke University * Textbook for undergraduate and graduate students in economics, public policy, and management explores the use of economic analysis for the understanding of technical change and the innovative process, its determinants, and consequences, focusing on the intellectual property (IP) system. * Journal of Economic Literature (Vol. 63, No. 4) *