The Knockoff Economy
I want to give a big thumbs-up to the new book by Kal Raustiala and Chris Sprigman on The Knockoff Economy: How Imitation Sparks Innovation. This is the culmination of what I think is the most interesting research project in intellectual property, which examines how creative industries often thrive without copyright or patent protection. (Examples include fashion and restaurants.) We need a corrective to the mentality that additional IP protection is always better, and this is a good start.