Competition Policy and Patent Law under Uncertainty Regulating Innovation Manne

Competition Policy and Patent Law under UncertaintyRegulating Innovation\nAuthor(s): Geoffrey A. Manne, Joshua D. Wright\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521766746, 978-0521766746\nSynopsis\nThe regulation of innovation and the optimal design of legal institutions in an environment of uncertainty are two of the most important policy challenges of the twenty-first century. Innovation is critical to economic growth. Regulatory design decisions and, in particular, competition policy and intellectual property regimes can have profound consequences for economic growth. However, remarkably little is known about the relationship between innovation, competition and regulatory policy. Any legal regime must attempt to assess the trade-offs associated with rules that will affect incentives to innovate, allocative efficiency, competition, and freedom of economic actors to commercialize the fruits of their .