Commercializing Innovation Conference

Conference on Commercializing Innovation
4-5 November 2005

  • Conference videos - To view click here (RealPlayer format)
  • Abstracts - To view click here 
  • Conference participants may click here for password-protected drafts

The Center for Research on Innovation and Entrepreneurship, the Center for Interdisciplinary Studies, and the Whitney R. Harris Institute for Global Legal Studies, all housed at the Washington University School of Law, will host a conference on the commercialization of innovation on November 4 and 5, 2005.  Professors Scott Kieff and Troy Paredes from the School of Law are taking the lead in organizing the conference.

Topic: The basic problem addressed by the conference is that while various forms of innovation are regularly generated within organizations and communities, all too often they are not put to use, or commercialized, as broadly or as rapidly as they could be. Obstacles of various types, including transaction costs, agency costs, and the lack of coordination, are often chief targets for blame. The identification of these problems in a wide range of fields has spawned a rich literature associated with modern theories of institutional economics, public choice, the firm, corporate control, finance, social cost, and property rights. This work collectively shows how these problems can be mitigated or even put to good use depending on the institutional framework in which they exist, including relevant legal systems, norms, and markets. This project will bring together leading thinkers in diverse fields of law, economics, finance, management, and political science to develop modern tools and strategies for improving the complex process of innovation commercialization, with a focus on both domestic and international implications. Following the successful model recently used for the topic of “Intellectual Property and the Human Genome Project,” this project involves a group of contributors who will prepare manuscripts for presentation at our upcoming conference so that the works can be further honed for publication in a book published by a major academic press. The conference volume on the genome project was published by Elsevier, and the entire first printing sold out in approximately two months (for more on that project, see /faculty_profiles/documents/Kieff/HGPIP/Book.htm).

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Conference Videos and Schedule

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Friday Morning Session 1 (8:30 am – 10:00 am)

  • [View Video] - Introduction
  • [View Video] - Michael Abramowicz - Commercializing the Public Domain
  • [View Video] - Frank Partnoy & Shaun Martin - Patents as Options
  • [View Video] - Henry Smith - Modularity and Intellectual Property
  • [View Video] - Questions and Answer Session

Coffee Break (10:00 am – 10:30 am)

Friday Morning Session 2 (10:30 am – 12:00 pm)

  • [View Video] - F. Scott Kieff & Troy A. Paredes - A Private Ordering Solution to the Public Problems of Anticommons
  • [View Video] - Josh Lerner - Innovation and Its Discontents
  • [View Video] - Robert Merges - A Transactional View of Property Rights
  • [No Video] - Doug Lichtman  - SSOs and the Contracts They Use to Coordinate the Revelation and Use of IP
    (absent from conference, but present for book)

Lunch (12:00 am – 1:30 am)

C.R.I.E. Inaugural Ceremony (1:30 pm - 1:45 pm)

Friday Afternoon Session 1 (1:45 pm – 3:15 pm)

  • [View Video] - Introduction
  • [View Video] - John R. Allison, Arti K. Rai, & Bhaven Sampat- University Software: Patents, Open Source, and Commercialization
  • [View Video] - John Duffy - Embryonic Patents: Prospects, Prophesies and Pedis Possessio
  • [View Video] - Mark Lemley - Are Universities the New Patent Trolls?

Coffee Break (3:15 pm – 3:45 pm)

Friday Afternoon Session 2 (3:45 pm – 5:45 pm) 

  • [View Video] - Introduction
  • [View Video] - Wesley Cohen, John Walsh & Charlene Cho - Patents and Upstream Biomedical Innovation 
  • [View Video] - Lisa Cook - - Has Government Helped or Hindered the Commercialization of Innovation?: Evidence from African American Patentees, 1969 to 2003
  • [View Video] - Chuck McManis & Sucheol Noh - The Impact of the Bayh-Dole Act on Genetic Research and Development: Evaluating the Arguments and Empirical Evidence to Date 
  • [View Video] - David Adelman - Mapping the Scientific Commons: Biotechnology Patenting from 1990 to 2004 
  • [View Video] - Paul C. B. Liu, William Kuang-Wei Chueh, Mong-Yao Ker - Successful Factors for Commercializing the Results of Research and Development – A Case Study of ITRI in Taiwan
  • [View Video] - Question and Answer Session

Saturday Morning Session 1 (8:30 am – 10:00 am)

  • [View Video] - Terry L. Anderson and Gary D. Libecap - Environmental Economics through Coase-Colored Glasses
  • [View Video] - Stephen Haber - Access to Finance & the Technological Innovation: A Historical Experiment 
  • [View Video] - Naomi R. Lamoreaux and Ken Sokoloff - The Decline of the Independent Inventor: A Schumpeterian Story?
  • [View Video] - Question and Answer Session

Coffee Break (10:00 am – 10:30 am)

Saturday Morning Session 2 (10:30 am – 12:30 pm)

  • [View Video] - Polk Wagner - The Federal Circuit’s Innovation Policy
  • [View Video] - Richard Gold - Beyond Economics: Cultural and Institutional Barriers to Commercializing Innovation
  • [View Video] - Clarisa Long - TBD
  • [View Video] - Question and Answer Session

Lunch (12:30 pm – 2:00 pm)


  • Up to 20 minutes per talk
  • 30 minutes of discussion per session for 3-person panels; 40 minutes for 4-person panels

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