Reimagining Innovation Theory: Suzanne Scotchmer and the Ideas Model

This book presents eleven classic papers by the late Professor Suzanne Scotchmer with introductions by leading economists and legal scholars. The book introduces Scotchmer's life and work; analyzes 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. The book also provides a self-contained introduction for students who want to learn more about the various fields Professor Scotchmer worked in, with a particular focus on patent incentives and cumulative innovation.