Master of International Affairs   Master of Public Policy  

Law and economics of innovation

The subject of this course is intellectual property rights with a focus on their effect on markets and trade. Particular attention is paid to main forms of intellectual properties, i.e patents and copyright. We cover notions and analytic tools from the economic theory of innovation accompanied by an introduction to the legal environment and innovative industries. The course focuses on markets in which firms invest in research and development and interact strategically with competitors, suppliers and regulators. The relevant topics are considered in a broad sense, ranging from the theory of inter-temporal investment to the role of government programmes by public procurement.