Description innovation is universally recognized as an important source of economic growth. Patents may be considered as a potential measure of innovation. As such, patents may alter isoquant maps, and measuring their elasticities is both intuitively and empirically appealing. This book...

Nine scholarly papers examine the economic and legal issues fundamental to the intellectual property debate. Topics include economic incentives to innovate, copyright law and infringement, trademarks, IP rights for artists, indigenous knowledge and university research, new knowledge economy and...