Economic Approaches to Intellectual Property

Nicola Searle and Martin Brassell

The first book on the macro and microeconomics of IP written for legal and management audiences by experts
Adopts a holistic approach, taking readers through the development of economic approaches to IP, starting from the fundamental concepts, providing a nuanced critique of the value contribution made by IP to businesses, markets and society at large
Sets out the philosophies and principles that underpin economic debates in intellectual property, and their relationship with financial practices economic debates in intellectual property
Provides an analytical overview of how economic thought pertains to intellectual property rights such as patents, copyright, competition, trademarks, trade secrets, and related rights
Lively and engaging style and modular format enables readers to read sequentially or quickly refer to specific topics

Economic Approaches to Intellectual Property

Nicola Searle and Martin Brassell

Description

Intellectual property has traditionally been a matter for the legal professions, but with the shift to evidence-based policy, the global economic upheaval, and the advent of the digital age, intellectual property is increasingly informed by economic perspectives.

This book is a comprehensive, critical analysis of economic interpretations of intellectual property, written for researchers, practitioners and policymakers. It analyses the interface between economics, finance, accountancy and intellectual property law. Commencing with a critical analysis of the economics of innovation, law, industrial organisation and welfare, the book then critiques the economics of specific intellectual property rights, including copyright, patents, trade marks, geographical indications and design rights. It further assesses the interaction between economics, IP and competition. Finally, it examines why, when and how IP generates value, reviewing contemporary approaches to valuation and accounting, and the emerging use of IP to facilitate business finance.

This analytical text offers readers a better understanding of IP's contribution to macro- and microeconomics, as well as insights that inform the debate on evidence-based IP policy.

Economic Approaches to Intellectual Property

Nicola Searle and Martin Brassell

Part I: Introduction
1:Introduction to Economics
2:Economics of Intellectual Property
Part II: Economics of Individual Property Rights
3:Patents
4:Copyright
5:Trade Marks and Design Rights
6:Trade Secrets and Other Rights
7:Competition and Intellectual Property
Part III: How, Why, and When Intellectual Property Delivers Value
8:How Intellectual Property Delivers Value
9:When Intellectual Property Delivers Value
10:Determinants of Intellectual Property Value
11:Intellectual Property and Intangibles Valuation Methodologies and Techniques
12:Reporting and Accounting for Intellectual Property and Intangibles

Economic Approaches to Intellectual Property

Nicola Searle and Martin Brassell

Author Information

Nicola Searle, Goldsmiths, University of London, and Martin Brassell, co-founder and Chief Executive

Dr. Nicola Searle is an economist at Goldsmiths, University of London.

Martin Brassell is co-founder and Chief Executive of Inngot.

Economic Approaches to Intellectual Property

Nicola Searle and Martin Brassell

Reviews and Awards

"Dr. Searle and Mr. Brassell have taken their sweeping subject matter and transformed it into a readable, accessible tour of applicable theories, valuation strategies, and economic motivations that can inform and guide IP practitioners and economists alike." - Alfred C. Frawley (The Trademark Reporter, Vol.106)

"Economic Approaches to Intellectual Property, a new book by Nicola Searle and Martin Brassell, deserves a spot of serious attention ... Unsurprisingly, since both its authors are skilled communicators, the book is an enjoyable read. Equal treatment for rights other than patents, short paragraphs, helpful footnotes and a refreshingly up-to-date bibliography enhance the serious reader's experience." - Aistemos

"Unlike many texts on the economics of IP, it assumes no prior knowledge of economics and begins with an introduction to economics which explains the basic principles ... The book not only provides a good introduction to the subject, but also is impressive in the breadth of its coverage." - Richard Arnold, The IPKat.