Fragile Equilibria

8 Pages Posted: 21 Feb 2007

Abstract

This is a comment on Kal Raustiala & Christopher Sprigman, The Piracy Paradox: Innovation and Intellectual Property in Fashion Design, 92 Va. L. Rev. 1687 (2006). Raustiala and Sprigman argue that innovation in fashion occurs in low intellectual property equilibrium. In his comment on this piece, Randy Picker disputes that conclusion. In my comment, I start from the assumption that Raustiala and Sprigman are right and then ask whether the conditions that set this equilibrium exist for other innovation communities. Finding that they do, I then examine the durability of these equilibria and suggest factors that contribute to their breakdown.

Keywords: intellectual property, innovation, fashion

JEL Classification: A10, K19, K39, L69, O31, O34

Suggested Citation

Dreyfuss, Rochelle Cooper, Fragile Equilibria. Virginia Law Review, January 22, 2007, NYU Law School, Public Law Research Paper No. 07-04, NYU Law and Economics Research Paper No. 07-11, Available at SSRN: https://ssrn.com/abstract=964242

Rochelle Cooper Dreyfuss (Contact Author)

New York University - School of Law ( email )

40 Washington Square South
New York, NY 10012-1099
United States
212-998-6258 (Phone)
212-995-4760 (Fax)

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