Penn State

Daniel Cahoy - Professor of Business Law and Dean's Faculty Fellow in Business Law, Penn State University Park

Book Title: Innovation and Incentives

Author: Suzanne Scotchmer

Book Description:

In substance, this book is a treatment of innovation economics with particular focus on the role of intellectual property rights.  It is certainly a useful as a tool for introducing basic economic theory to non-economists. But my favorite part of the text is the discussion of the historical evolution of innovation incentives. This book was very important in broadening my perspective on innovation incentive mechanisms and it helped me conceive of new ideas that I incorporated into my research. It was also useful background as I explored the history of innovation incentives in the Renaissance with study abroad students.  The book is a great example of how interdisciplinary perspectives can create synergy in research and teaching.


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