29261 - Intellectual Property Economics

Academic Year 2021/2022

  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Law and Economics (cod. 9221)

Learning outcomes

At the end of the module, students will have acquired an understanding of how intellectual property rights work and what objectives policymakers may pursue when designinf intellectual property. Students will also have an understanding of how firms can strategically exploit intellectual property rights to get a competitive advantage over rivals

Course contents

1. Types of intellectual property rights

2. Innovation and market failures

3. private and social value of innovations

4. Models of R&D investment

5. Oprimal protection of intellectual property

6. Optimal combination of length and breadth

7. Sequential innovation

8. Patents v. trade secrets

9. Complementary innovations

Readings/Bibliography

S. Scotchmer, Innovation and Incentives, MIT Press, 2004

Teaching methods

Lectures

Assessment methods

Written, closed book exam

The mark scale is as follows:

<18 failed
18-23 sufficient
24-27 good
28-30 excellent
30 e lode distinction

Teaching tools

Lecture notes and other teaching material will be circulated as the module proceeds

Office hours

See the website of Vincenzo Denicolò