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To Innovate Or Not To Innovate, That Is The Question: The Functions, Failures, And Foibles Of The Reward Function Theory Of Patent Law In Relation To Computer Software Platforms , Seth A. Cohen
Michigan Telecommunications & Technology Law Review
The patent system has traditionally been viewed as having two primary functions: the reward function and the prospect function. Although these theories do explain some behavior which results from the practical applications of the patent system, they also overlook some behavior of the patent system which indicates a failure of these functions. In order to properly prevent such failure, this paper proposes that the patent system adopt an orientation that will lead to increased innovative rivalry and competition. In Part I, using the computer operating system software market as an example, I propose a framework for reconceptualizing patent protection as …
Entry And Innovation In Vertically Differentiated Markets, Dirk Bergemann, Juuso Välimäki
Entry And Innovation In Vertically Differentiated Markets, Dirk Bergemann, Juuso Välimäki
Cowles Foundation Discussion Papers
This paper analyzes the optimal entry into experience goods markets with vertically differentiated buyers. We consider the case where the value of the new product is imperfectly known, but common to all buyers (common values) as well as the case where the quality is different across buyers (private values). We distinguish between new products that are improvements to existing products and new products that are substitutes. Different types of products have qualitatively distinct diffusion paths. Improvements are introduced slowly relative to the full information case, while substitutes are introduced more aggressively. The slow entry strategy is associated with increasing supply …
Versatile Power Supply, Ian Cunningham
Versatile Power Supply, Ian Cunningham
Theses
Tetherless is a concept for the elimination of constraints from electrical power delivery systems. Three separate solutions are presented in a progression of increasing technology. Each stage is able to address and refine more than the previous one through foreseeable technological advancements. The main objective of the concept is to provide the user with a more flexible, adaptable, and versatile interior environment. The solutions allow control by the individual, not the system, of how and where electricity is to be used. The problems and constraints of existing systems can be broken down into three categories. First is the limitation of …
Identifying Catalysts For Sustained Innovation Of Inclusion Teachers, Laura J. Switzer
Identifying Catalysts For Sustained Innovation Of Inclusion Teachers, Laura J. Switzer
Electronic Theses and Dissertations
The researcher examined nine areas of support that can be of assistance to sustaining innovative methodology in four school systems in Upper East Tennessee. Five types of innovation were examined. This study looked at nine supports as well as years of involvement by the practicing educator. The research design was a comparative study with forty hypotheses used to test differences in perceived degree of assistance to commitment. Teachers were surveyed and asked to rate supports for sustained innovation. Teachers also rated actual and ideal involvement. The research questions were tested and statistically analyzed using t-test and analysis of variance. Significant …
Limiting Patentees' Market Power Without Reducing Innovation Incentives: The Perverse Benefits Of Uncertainty And Non-Injunctive Remedies, Ian Ayres, Paul Klemperer
Limiting Patentees' Market Power Without Reducing Innovation Incentives: The Perverse Benefits Of Uncertainty And Non-Injunctive Remedies, Ian Ayres, Paul Klemperer
Michigan Law Review
Uncertainty and delay in patent litigation may have unforeseen virtues. The combination of these oft-criticized characteristics might induce a limited amount of infringement that enhances social welfare without reducing (or without substantially reducing) the profitability of the patentee. Patent infringement is generally viewed as socially inefficient because infringement reduces the patentee's ex ante incentive to innovate. Limited amounts of infringement combined with increased patent duration, however, can substantially reduce the distortionary ex post effects of supracompetitive pricing without reducing the patentee's ex ante incentives to innovate. Indeed, this Article derives a legal regime that preserves the incentive to innovate by …