Description
Book SynopsisThis Handbook provides breakthrough analyses on an important, cutting-edge topic: the connections between the legal system, both in substance and process, and innovation and growth. Arguably the most important intellectual development in legal scholarship and judicial decision-making over the past four decades has been the increasing use of economic modes of analysis in legal reasoning. The Handbook on Law, Innovation and Growth sheds new light on the linkages between innovation, growth and the legal system, answering questions that will help policymakers better understand and implement the law in an effort to advance economic welfare. This Handbook brings together many prominent scholars to examine the features of the legal infrastructure that affect both innovation and growth. Individual chapters explore different legal subject areas, in most cases offering recommendations for rule changes that could accelerate growth, primarily in the context of the US economy. The introductory chapter cohesively ties all of the contributions together and explains why it is time for legal scholarship and research to move in a new direction.Surpassing other literature on the subject, this landmark Handbook is certainly a critical volume for any student or scholar of law and economics.
Table of ContentsContents: 1. Is the Law Dynamically Efficient? Robert E. Litan 2. The Role of the Entrepreneur in Economic Growth Daniel F. Spulber 3. Integrity and Innovation in the Public Capital Markets: A Survey of the Securities Law Literature James C. Spindler 4. Securities Litigation and Innovation Richard A. Booth 5. Incentives for Innovation: Bankruptcy, Corporate Governance, and Compensation Systems Florian Ederer and Gustavo Manso 6. Intellectual Property Rights and Economic Progress: A Review of the Literature Jonathan D. Putnam and Andrew B. Tepperman 7. Torts and Innovation Gideon Parchomovsky and Alex Stein 8. Do Patents Matter? Empirical Evidence on the Incentive Thesis Jonathan M. Barnett 9. Why Do Entrepreneurs Patent? Ted M. Sichelman and Stuart J.H. Graham 10. National Technology Transfer Mechanisms Dov Greenbaum 11. Controlling the Means of Innovation: The Centrality of Private Ordering Arrangements for Innovators and Entrepreneurs Sean O’Connor 12. The Value of Lawyers as Members of Entrepreneurial Teams Anthony J. Luppino Index
