Posts Tagged: innovation economics


As U.S. makes it harder for innovation, companies must diversify overseas to Europe, China

“At the end of the day innovation is important,” Jung explained before he lamented the fact that the United States “seems to be making it harder and …
By Gene Quinn
4 years ago 5

Europe sees value in a strong patent system, patent owners ability to enforce patent rights

It is quite surprising to see that with all of the work being done to strengthen the patent systems across Europe with the creation of the Unified …
By Phil Hartstein
4 years ago 0

What if we don’t have sufficient intellectual property rights?

Fundamentally, patents facilitate access to VC financing, market entry and job creation. Without patents and an effective IP environment, the process stalls and, in some cases, firms …

The Importance of Patents and Academic Technology Transfer

This patenting step is absolutely crucial for the commercialization of inventions. In the absence of a strong intellectual property system – specifically patents – most of those inventions will …
By David Winwood
5 years ago 0

Unlocking Patents: The Cost of Failure, The Benefits of Success

LITAN: ''But let’s go back to the main point again from our paper, which is that we need to switch the national conversation about patents to …
By Gene Quinn
5 years ago 0

An Exclusive Interview with Robert Litan

LITAN: ''Cross industry variation in the use of patents shouldn’t mean that we should just junk the patent system. As I said, the alternatives to go …
By Gene Quinn
5 years ago 3

A Strong Innovation Ecosystem is Needed for Job Creation

Speaking without notes, Walker was in rare form. He spoke about everything from job creation to the need to allow innovators to benefit from the fruits of …
By Gene Quinn
5 years ago 4

Does Innovation Lead to Prosperity for All?

Whether innovation benefits the masses or just the elites has major policy ramifications. If the later, shouldn’t government insure a fair division of the economic pie? …
By Joseph Allen
5 years ago 31

How to Promote Innovation: The Economics of Incentives

Innovation is a powerful economic force and driver of both development and prosperity. Yet the Supreme Court’s recent decisions undermine the incentives to innovate in areas …

The Case for Incremental Innovation: The Importance of Protecting Follow-on Pharmaceutical Discoveries

The value of such innovation is best measured through the improved health outcomes for patients. In this context, a few examples from the developing world are even …