The Economic Impact of Software Patents

with
Dietmar Harhoff
Professor of Management and Director of the Institute for Innovation Research and Technology Management (INNO-tec) at the Ludwig-Maximilians-University in Munich

Josh Lerner
Professor of Investment Banking, Harvard Business School


UPDATE: A full transcript of this event is available for download here (312K).


the issue


event details

Following CNE's recent and highly successful Market Insights Luncheon, Should software have patents?, CNE now proposes to delve further into the issues of software patents by exploring their impact on economic growth. In August 2003, a group of 12 eminent economists wrote an open letter to the European Parliament expressing their concerns about the impending Software legislation and its impact on small and medium sized businesses. This letter has become a touchstone of the current debate in Brussels and is worthy of further exploration and discussion. It is in this context that the CNE hopes to encourage an open and informed debate, presenting both sides of the argument. Click for directions to the Dorint Hotel

Tuesday, 02 March 2004
Dorint Hotel
Boulevard Charlemagne 11-19, Brussels (directions)

12:30 -13:15 Cocktails
13:15-14:30 Lecture, Discussion, Lunch

If you would like to attend, please e-mail events@cne.org. Please specify any dietary restrictions for the menu.

 


the speakers

photo : Dietmar HarhoffDietmar Harhoff is Professor of Management and Director of the Institute for Innovation Research and Technology Management (INNO-tec) at the Ludwig-Maximilians-University in Munich. After graduating from the University of Dortmund in Mechanical Engineering (Dipl.-Ing.) in 1984, he was awarded a McCloy Scholarship for a two-year study programme at Harvard University where he studied business economics. After graduating from Harvard (M.P.A. 1987), he entered the doctoral programme at the Sloan School of Business at the Massachusetts Institute of Technology (MIT). His doctoral thesis (Ph.D. 1991) analyzed research incentives in vertically related industries. In 1991, he joined the newly founded Centre for European Economic Research (Zentrum für Europäische Wirtschaftsforschung - ZEW) in Mannheim where he served as Senior Research Fellow and - since 1995 - as Associate Director. Dietmar Harhoff held visiting positions at MIT and the Social Science Research Center (Wissenschaftszentrum für Sozialforschung - WZB) in Berlin, and in 1998 assumed his current position at the University of Munich. His research interests focus on the economics and management of innovation, and in particular on the patent system. His most recent research results have been published, inter alia, in the Journal of Industrial Economics, Annales d'Économie et de Statistique, Research Policy, Review of Economics and Statistics, Journal of Banking and Finance, and Management Science. For more information see inno-tec.de.

photo : Josh Lerner (photo by Richard Chase)Josh Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in the Finance and the Entrepreneurial Management Units. He graduated from Yale College with a Special Divisional Major which combined physics with the history of technology. He worked for several years on issues concerning technological innovation and public policy, at the Brookings Institution, for a public-private task force in Chicago, and on Capitol Hill. He then undertook his graduate study at Harvard's Economics Department. His research focuses on the structure of venture capital organizations, and their role in transforming scientific discoveries into commercial products. (Much of his research is collected in The Venture Capital Cycle, MIT Press, 1999 and The Money of Invention, Harvard Business School Press, 2001.) He also examines the impact of intellectual property protection, particularly patents, on the competitive strategies of firms in high-technology industries. He is a Researcgh Associate in the National Bureau of Economic Research’s Corporate Finance and Productivity Programs and serves as Co-Organizer of the Innovation Policy and the Economy Group, co-editor of their publication Innovation Policy and the Economy, and organizer of the Entrepreneurship Working Group.

In the 1993-94 academic year, he introduced an elective course for second-year MBAs on private equity finance. In recent years, “Venture Capital and Private Equity” has consistently been one of the largest elective courses at Harvard Business School. (The course materials are collected in Venture Capital and Private Equity: A Casebook, John Wiley, 2000 and 2002.) He also teaches a doctoral course on entrepreneurship. He serves as the School’s representative on Harvard University Patent, Trademark and Copyright Committee and the Provost's Committee on Technology Transfer.