Innovation policy-a relatively new phrase for an old set of top-down competitiveness approaches (e.g. "industrial policy," "science policy," "research policy," and "technology policy")-is necessarily a combination of centralized investment, structure of private-sector incentives, and public policy priorities.This combination has always been unwieldy, multivariate, and politically charged. As a result, constituencies favoring one or other approaches (e.g. longer patent protection, more funding of public universities and research infrastructure, tariff or non-tariff import measures) have lacked a unifying framework through which to analyze shared problems. In Innovation Policy Pluralism, Daniel J. Hemel and Lisa Larrimore Ouellette provide that framework. With a focus on intellectual property law, Hemel and Ouellette take the universe of innovation instruments-patents, prizes, grants, tax credits, purchase leverage, public licensing and other alternatives-and create a coherent method by which to assess and value them. Dissecting these options into "innovation incentives" and "allocation mechanisms," Hemel and Ouellette urge policy-makers to consider alternatives under which these incentives and mechanisms may be matched, mixed, or layered.
Sam F. Halabi,
Does TRIPS Stop International IP Free-Riders, 2019 JOTWELL 1
Available at: https://scholarship.law.missouri.edu/facpubs/751