Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law - Hardcover

Michael Carrier's Innovation for the 21st Century is sure to be an influential book in the area of intellectual property and competition policy. Carrier does an excellent job of summarizing the problems of IP and proposes workable solutions that come from both competition law and the IP laws themselves. Unlike many of the books and articles that fault the patent system in particular, but offer little in the way of a solution, Carrier asserts strong, creative ideas for reform. He offers ten specific proposals in the areas of antitrust, patents and copyright to make the competition policy/intellectual property system encourage innovation. This book will give law makers, judges, academics, students and all readers interested in innovation and competition policy a great deal to think about (Herbert Hovenkamp, The University of Iowa College of Law)

Michael Carrier's new book is an innovation in itself. Many scholars write about antitrust, or patent, or copyright law, each one an area of specialization. What Carrier does is to combine these three fields to create a fourth-innovation law and policy. To do this, Carrier not only lucidly describes each of these three fields but, drawing on current social science theory, shows how legal doctrines in each of these fields should be interpreted to promote innovation in our economy. His conclusions will be of great interest not only to lawyers trying to solve current legal problems but also to policy makers concerned with providing the correct incentives for innovation (Harry First, New York University School of Law)

Innovation drives our industry, attracts the best talent, and wins fame and fortune for its leaders. Patents, copyrights, and trademarks were created to protect intellectual property and encourage innovation. In this book Professor Michael Carrier elegantly connects innovation to these legal concepts and introduces creative suggestions for improvements. The very laws that were created to protect and foster innovation are in many cases having the opposite effect. Carrier explains why and how to better promote innovation in the 21st century (Don Dodge, Microsoft Corporation)

[Innovation for the 21st Century] is impressive and worth including in your antitrust/intellectual property/innovation policy library. The book tackles the difficult task of reconciling intellectual property law and antitrust law. Professor Carrier's achievement is a remarkable one. (Shubha Ghosh, University of Wisconsin Law School)

By so clearly highlighting the role that antitrust law and intellectual property policy can play in spurring innovation, Michael Carrier has done the field a great service. Indeed, [Carrier] has written an impressive, ambitious, and important book (Phil Weiser, University of Colorado Law School)

I want to join the rest of the participants in [the virtual symposium on Innovation for the 21st Century] congratulating Professor Carrier on an excellent and well-written book emerging out of a thoughtful and ambitious project. The project, and the book, are provocative, important contributions to the literature, and usefully synthesize many of the most important debates in both antitrust and intellectual property (Josh Wright, George Mason University School of Law)

Provides an excellent primer on antitrust, IP, and innovation. [Carrier] synthesizes the legal and economic foundations, contours, and controversies in an accessible fashion. I applaud him for doing this because frankly, it is tough to do given that the fields are quite technical and specialized. The book really is appropriate for a general audience. (Loyola University Chicago School of Law)

In recent years, innovation has been threatened by the United States legal system. Much of the blame can be attributed to the antitrust and intellectual property laws. Innovation for the 21st Century seeks to reverse this trend, offering ten revolutionary proposals, from pharmaceuticals to peer-to-peer software, to help foster innovation. Michael A. Carrier illustrates the benefits of improving the patent system and incorporating innovation into copyright and antitrust law. He also dips into a rich business literature to import ideas on "disruptive innovation" and "user innovation." And he replaces the 20th-century view that the IP and antitrust laws are in conflict with a new 21st-century framework that treats them as collaborators. Innovation for the 21stCentury: Harnessing the Power of Intellectual Property and Antitrust Law provides a comprehensive framework for the patent, copyright, and antitrust laws to promote innovation.