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Course Homepage for
"Economics and Management of Intellectual Property"
Updated 27.06.2008
Unofficial essay and exam of May 21 results
Unofficial essay and exam of April 14 results.
Unofficial essay and exam of March 4 results.
HSE students: Once you have passed the course (total score 40 or more) your grade will be registered to HSE’s student register.
Other than HSE students need to have approval for their JOO application before the course can be registered. I do not have more information about this matter.
Helsinki School of Economics, Department of Business Technology, Course 38E00100 "Immaterial Property Rights", Spring 2008, 1st Period.
The course text book is Suzanne Scotchmer (2004) "Incentives and Innovation", MIT Press
See also her course homepage
The course is jointly taught with Mikko Välimäki
Exams: March 4, April 14, May 21 (these dates to the best of my knowledge, confirm the exact dates with HSE))
Information about the exam and the essays
LECTURES
Mon & Wed 10.00-11.30 CG-109 KPMG (14.1.-27.2)
Contents:
Lecture 1. (2h) Mon 14.1. Välimäki: "Basics of IP Law"
Lecture 2. (2h) Wed 17.1. Välimäki: "Use of IPRs"
Lecture 3. (2h) Mon 21.1. Takalo: "Basic Economics of IP"
- IBM's patent on internet auctions
- An organization posting prizes
- An organization allocating subsidies
- An organization awarding patents
Wed 23.1. Guest Lecture by Olli Ilmarinen, Product Manager, Marketing and Business Services Unit, National Board of Patents and Registration in Finland: "IPR-system"
Lecture 4. (2h) Mon 28.1. Takalo: "Designing Optimal IP Policy"
Lecture 5. (2h) Wed 30.1. Takalo: "Competition Policy, Standardization, and IP"
Lecture 6. (2h) Mon 4.2. Välimäki: "Competition Policy and IP: Microsoft Cases in the US and Europe"
Lecture 7. (2h) Wed 6.2. Välimäki: "Economic Arguments Used (and not Used) in Selected Legal Cases"
Lecture 8. (2h) Mon 11.2. Takalo: "Cumulative Innovation and IP"
Wed 13.2. Cancelled! The lecture is replaced by an exercise
Lecture 9. (2h) Mon 18.2. Takalo: "Basics of IP Management"
The first part of the lecture is loosely based on
- Cohen, W.M, R.R. Nelson, and J. P. Walsh (2000) Protecting Their Intellectual Assets: Appropriability Conditions and Why US Manufacturing Firms Patent (or Not). NBER WP no. 7552
- Byma, J. and A. Leiponen (2006) Can't Block, Must Run: Small Firms and Approbriability. Unpublished manuscript, Cornell University
- my own paper (with Klaus Kultti and Juuso Toikka) "Simultaneous Model of Innovation, Secrecy, and Patent Policy", American Economic Review (Papers & Proceedings), 96, 82-86 (2006) . A pre-print version.
Wed 20.2. Guest Lecture by Pekka Sääskilahti, IPR Manager, Nokia Corporation: "TBA"
Lecture 10. (2h) Mon 25.2. Takalo: "IP in Financial Services"
- Bob Hunt (2007) "Business Method Patents for U.S. Financial Services", Federal Reserve Bank of Philadelphia Working Papers 07-21.
- Josh Lerner's Journal of Finance (2002) article (preprint version)
Wed 27.2. Guest Lecture by Xavier Carpentier, IPR Manager, Nokia Corporation: "IP Business Models
- A background "Summary of Established & Emerging IP Business Models" by Raymond Millie and Ron Laurie (required material for the exam) available from the patent troll tracker blog.
- And see the exercise