This book presents eleven classic papers by the late Professor Suzanne Scotchmer with introductions by leading economists and legal scholars. This book introduces Scotchmer's life and work; analyses her pioneering contributions to the economics of patents and innovation incentives, with a special focus on the modern theory of cumulative innovation; and describes her pioneering work on law and economics, evolutionary game theory, and general equilibrium/club theory. This book also provides a self-contained introduction to students who want to learn more about the various fields that Professor Scotchmer worked in, with a particular focus on patent incentives and cumulative innovation.
Stephen M. Maurer (University of California Berkeley)
Cambridge University Press
Country of Publication:
Series: Econometric Society Monographs
13 October 2017
Professional and scholarly
1. Introduction; 2. Threads in the tapestry; 3. Innovation theory (I): cumulative innovation; 4. Innovation theory (II): law and economics; 5. Clubs; 6. Evolutionary game theory; 7. Public policy; 8. Living legacy; 9. Epilogue.
Stephen M. Maurer is Adjunct Professor of Public Policy at the University of California, Berkeley. A long-time friend and colleague of the late Professor Scotchmer, he co-authored eight articles and book chapters with her from 1999-2014. Trained as a lawyer, Maurer specializes in innovation, antitrust, and science policy. He is the editor and co-author of the book WMD Terrorism: Science and Policy Choices (2007).
Reviews for On the Shoulders of Giants: Colleagues Remember Suzanne Scotchmer's Contributions to Economics
'Suzanne Scotchmer left us a remarkable legacy: highly original, deep, rigorous work on the economics of innovation, club theory and game theory. This book is a fitting tribute to her scholarship and to Suzanne as a person. It should be read by everyone with an interest in microeconomic theory.' Jerry R. Green, John Leverett Professor in the University, Harvard University 'This is an invaluable volume, which will be on the bookshelf of every IP economist and legal scholar. It contains many of Suzanne Scotchmer's classical papers, often with an introduction by leading scholars, as well as very touching personal souvenirs from her friends and colleagues. A fitting tribute to this exceptional woman I was lucky to count as a friend.' Jean Tirole, Chairman, Toulouse School of Economics, France