This paper studies the effects of the USPTO's patent secrecy program in World War II, under which approximately 11,200 U.S. patent applications were issued secrecy orders which halted examination and [...]
This paper provides evidence that risk aversion leads pharmaceutical firms to underinvest in radical innovation. We define a drug candidate as novel if it is molecularly distinct from prior candidates. [...]
This Article analyzes divergences in decisionmaking trends while examiners undergo the Signatory Authority Review Program (the “Program”). The Program is the process by which examiners are promoted to the position [...]
The law and economics of intellectual property has long rested on a foundational, if implicit, premise: that IP law is best understood by studying how legal rules operate in actual [...]
We argue that when innovation is “sequential” (so that each successive invention builds in an essential way on its predecessors) and “complementary” (so that each potential innovator takes a different [...]
Libertarians are inclined to view property as best dealt with through contract. They are hostile to IP rights in general, and copyright and patent rights in particular, because these aren't [...]
The brief’s key findings are: Medicare Part D, introduced in 2006, has clearly helped seniors by expanding drug coverage, but a key question is how it has affected the cost [...]
This paper develops a novel approach for assessing the role of passive learning versus a proactive growth orientation in the entrepreneurial growth process. We develop a simple model linking early-stage [...]
Defenders of strong intellectual property rights or of a non-utilitarian basis for those rights often turn to Locke for support. This paper criticizes that move. My major claim is twofold: [...]
My project in this Article is to examine the notion that people might deserve to own the products of their intellectual labor in an especially strong way-stronger than any way [...]