Fueled by a generous gift from Qualcomm, the Searle Center's Project on Innovation Economics program addresses a broad range of important issues involving intellectual property (IP), research and development (R&D), the market for inventions, innovation, and technology standards. Dan Spulber, Searle's Academic Director, will play the central role in executing this Program. Professor Spulber will oversee the intellectual structure and the practical implementation of the Project through its roundtable meetings, large conferences, and in a special issue of the Journal of Economics & Management Strategy each year. Professor Spulber sums up the aims of the Project in this way: "Technology standards and standards organizations play a central role in Innovation Economics. We have a lot more to learn about the connections between patents, technology standards and innovative activity. This Project will help to fill in that gap."
The Project focuses particular attention on the implications of technology standards including standard-setting organizations, standard-essential patents, and market coordination related to standards. Our objective is to develop theoretical models, empirical analysis, and extensive data sets in Innovation Economics with particular emphasis on standards organizations. The Project will explore the implications of technology standards for competition policy, innovation policy, and the legal and regulatory aspects of IP. The Project will seek to stimulate research in Innovation Economics by scholars at Northwestern University and around the world.
For additional details and resources for the Innovation Economics project, please see the Data, Working Papers, and External Resources links to the left.