Laws of Innovation
Conservation Law of Innovation:
All innovations are combinations of existing/known elements.
Causality Law of Innovation:
Invention precedes production, production precedes consumption and discovery precedes invention.
Set Law of Innovation:
The number of potential innovations is essentially infinite.
Rate Law of Innovation:
The rate of innovation is dependent on the number of innovators, the size of the set of elements the innovators can access, and the size of the set of goals.
Commons Law of Innovation:
Innovations are not subject to overuse. The creation of innovations is subject to under investment without property rights in innovations. The diffusion of innovations is subject to under investment without property rights in innovations.
Income Law of Innovation
The per capita income of a large population can only increase over the long term if their level of technology increases.
- dbhalling on CATO on Software Patents
- J Nicholas Gross on CATO on Software Patents
- dbhalling on Halling’s Talk at Atlas Summit 2014: Why John Galt is an Inventor
- step back on Halling’s Talk at Atlas Summit 2014: Why John Galt is an Inventor
- Halling's Talk at Atlas Summit 2014: Why John Galt is an Inventor | Blog of Dale B. Halling, LLC - Intellectual Property & Patent Innovation, Attorney - Powered by Clvr.Tv on Why did Rand Choose Inventor as Galt’s Profession?
- CATO on Software Patents
- Hurricane Odile and Inventions
- Patent Trolls: Evidence from Targeted Firms
- CATO and Mercatus Center: Another Flawed Study on Patents
- What are the Foundations of Quantum Mechanics?: Video
- Halling’s Talk at Atlas Summit 2014: Why John Galt is an Inventor
- Rebirth of Reason Website Attacks Patents
- Intellectual Property, Innovation and Economic Growth
- Excellent Article by Adam Mossoff: Do IP Rights Promote Economic growth
- Interesting Infographic – Computer Science Zone