1 Intellectual Property and the Theory of the Firm

I examine the role of IP in the theory of the firm is examined. I begin with a brief introduction to the theory of the firm. Then, I consider three major topics in the theory of the firm and their implications for intellectual property (IP) law and public policy. First, I examine the connection between IP rules and the establishment of firms, and the effects on the creation of markets and organizations. Second, I consider the interaction between IP rules and entrepreneurship. Third, I discuss the effects of IP rules on the extent of the market and the quality of innovation. Th