29261 - Intellectual Property Economics

Course Unit Page

Academic Year 2018/2019

Learning outcomes

At the end of the course, 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

Teaching tools

Lecture notes will be circulated

Office hours

See the website of Vincenzo Denicolò