“Blockchains will matter crucially; this book, beautifully and clearly written for a wide
audience, powerfully demonstrates how.”—Lawrence Lessig “Attempts to do for blockchain …

The growing salience of intellectual property (IP) rights has reconfigured US science, shifting
it from the formerly separate realms of university and commercial science to an increasingly …

" Knowledge commons" describes the institutionalized community governance of the sharing
and, in some cases, creation, of information, science, knowledge, data, and other types of …

In recent years, business leaders, policymakers, and inventors have complained to the
media and to Congress that today's patent system stifles innovation instead of fostering it …

The patent system is designed with a paradigm invention in mind-a new device or machine
covered by a single patent. Historically, this paradigm was a fairly accurate portrayal of the …

Any elementary school student can recite a number of canonical American invention stories.
Thomas Edison invented the lightbulb from his famous home laboratory in Menlo Park, New …

Beyond the Patents-Prizes Debate Page 1 Beyond the Patents-Prizes Debate Daniel J. Hemel
& Lisa Larrimore Ouellette* Intellectual property scholars have vigorously debated the merits of …

Section 107 of the Copyright Act of 1976 establishes the affirmative defense to copyright
infringement of" fair use."'This affirmative defense represents the most important-and …

Private property ordinarily triggers notions of individual rights, not social obligations. After all,
the core function of private property, at least according to conventional lore, is to insulate …

Economics is based on scarcity. Things are valuable because they are scarce. The more
abundant they become, the cheaper they become. But a series of technological changes is …