{"product_id":"innovators-firms-and-markets-the-organizational-logic-of-intellectual-property-9780190908591","title":"Innovators, Firms, and Markets: The Organizational Logic of Intellectual Property","description":"Conventional wisdom holds that robust enforcement of intellectual property (IP) right suppress competition and innovation by shielding incumbents against the entry threats posed by smaller innovators. That assumption has driven mostly successful efforts to weaken US patent protections for over a decade. This book challenges that assumption. \u003cp\u003e\u003c\/p\u003eIn\u003cem\u003e Innovators, Firms, and Markets\u003c\/em\u003e, Jonathan M. Barnett confronts the reigning policy consensus by analyzing the relationship between IP rights, firm organization, and market structure. Integrating tools and concepts from IP and antitrust law, institutional economics, and political science, real-world understandings of technology markets, and empirical insights from the economic history of the US patent system, Barnett provides a novel framework for IP policy analysis. His cohesive framework explains how robust enforcement of IP rights enables entrepreneurial firms, which are rich in ideas but poor in capital, to secure outside investment and form the cooperative relationships needed to transform a breakthrough innovation into a marketable product. The history of the US patent system and firms' lobbying tendencies show that weakening patent protections removes a critical tool for entrants to challenge incumbents that enjoy difficult-to-match commercialization and financing capacities. Counterintuitively, the book demonstrates that weak IP rights are often the best entry barrier the state can provide to protect entrenched incumbents against disruptive innovators. \u003cp\u003e\u003c\/p\u003eBy challenging common assumptions and offering a powerful integrated framework for understanding how innovation happens and the law's role in that process, Barnett's \u003cem\u003eInnovators, Firms, and Markets \u003c\/em\u003eprovides important insights into how IP law shapes our economy.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cstrong\u003eJonathan M. Barnett\u003c\/strong\u003e is the Torrey H. Webb Professor of Law and Director of the Media, Entertainment and Technology Law Program at the Gould School of Law, University of Southern California. He has published widely in scholarly journals, including the \u003cem\u003eHarvard Law Review\u003c\/em\u003e, \u003cem\u003eJournal of Institutional Economics\u003c\/em\u003e, \u003cem\u003eJournal of Legal Studies\u003c\/em\u003e, \u003cem\u003eReview of Law and Economics\u003c\/em\u003e, \u003cem\u003eYale Law Journal\u003c\/em\u003e and others. He also contributes regularly to news and policy publications on intellectual property and antitrust issues. Prior to academia, Professor Barnett practiced corporate law at a leading international law firm.\u003cbr\u003e","brand":"Oxford University Press","offers":[{"title":"Default Title","offer_id":51259859009810,"sku":"9780190908591","price":60.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_db7c75db-1cd2-410d-a0fa-b5066fb3844f.jpg?v=1746629954","url":"https:\/\/surprise-castle.myshopify.com\/products\/innovators-firms-and-markets-the-organizational-logic-of-intellectual-property-9780190908591","provider":"Surprise Castle","version":"1.0","type":"link"}