This book presents eleven classic papers by the late Professor Suzanne Scotchmer with introductions by leading economists and legal scholars. This book introduces Scotchmer's life and work; analyses her pioneering contributions to the economics of patents and innovation incentives, with a special focus on the modern theory of cumulative innovation; and describes her pioneering work on law and economics, evolutionary game theory, and general equilibrium/club theory. This book also provides a self-contained introduction to students who want to learn more about the various fields that Professor Scotchmer worked in, with a particular focus on patent incentives and cumulative innovation.

'Suzanne Scotchmer left us a remarkable legacy: highly original, deep, rigorous work on the economics of innovation, club theory and game theory. This book is a fitting tribute to her scholarship and to Suzanne as a person. It should be read by everyone with an interest in microeconomic theory.'

Jerry R. Green - John Leverett Professor in the University, Harvard University

'This is an invaluable volume, which will be on the bookshelf of every IP economist and legal scholar. It contains many of Suzanne Scotchmer’s classical papers, often with an introduction by leading scholars, as well as very touching personal souvenirs from her friends and colleagues. A fitting tribute to this exceptional woman I was lucky to count as a friend.'

Jean Tirole - Chairman, Toulouse School of Economics, France