Event Report  |  02/22/2017

International Workshop on "New Innovation Policy"

On 21 January 2017 an international workshop on the topic of “Open and User Innovation Policy” was held at the Munich Max Planck Institute for Innovation and Competition.

The purpose of the event, which was organized jointly with the Swedish innovation agency Vinnova and whose participants included 20 political and research experts from Germany, Austria, Sweden, Finland, The Netherlands and Great Britain, was to exchange views on current experience with the growing numbers of new initiatives in different countries on open and user innovation policy. One focal point of the workshop was new approaches in innovation policy, including how to involve individual users and households, as important sources of innovation, in innovation policy. A further meeting is planned for July 2017 in Innsbruck, Austria.


Professor Dietmar Harhoff, Director at the Max Planck Institute that hosted the event, summed up the results: „We discovered that we can learn a lot from each country’s experiences. The processes of innovation are changing rapidly. The group of those who are actively shaping innovation processes is becoming larger and more diverse. A central question, both for innovation research and for policymaking, is what drives this increasing complexity in innovation processes and how can we put its potential to good use. We will continue to pursue this topic avidly.“

Event Report  |  11/04/2016

4th Crowdinvesting Symposium „Financial Decision Making and the Internet

The fourth Crowdinvesting Symposium took place on 4 November 2016 at the Max Planck Institute for Innovation and Competition in Munich. The topic of this year’s event was “Financial Decision Making and the Internet”, and it brought together around 70 participants to discuss current research in the areas of FinTech, crowdfunding, crowdinvesting, crowdlending and social trading. In 16 papers and eight slam presentations, economics and law scholars presented the results of their research.

f.l.t.r.: Ethan Mollick (Wharton School, University of Pennsylvania), Florian Prucker (Scalable Capital), Andrea Rexer (Süddeutsche Zeitung, Leiterin Finanzressort), Daniel Halmer (raisin), Lars Hornuf (Universität Trier, Max-Planck-Institut für Innovation und Wettbewerb). Foto: Max Planck Institute for Innovation and Competition

This year’s keynote speaker, Prof. Ethan Mollick of the Wharton School of the University of Pennsylvania, presented his current research, pointing out that crowdfunding today, far from being a niche phenomenon, is as integral a part of start-up financing as venture capital or bank loans. Following the talk was a podium discussion with the keynote speaker and a panel made up of Daniel Halmer from the Berlin-based FinTech raisin, Lars Hornuf of the Universität Trier and the Max Planck Institute for Innovation and Competition, and Florian Prucker from the Munich-based FinTech Scalable Capital. Andrea Rexer, Head of the Financial Section of the Süddeutsche Zeitung, moderated the discussion on current developments in FinTech. One central insight from the discussion is that FinTechs have a positive attitude towards market regulation, particularly when it works to reduce legal insecurities. Another key issue concerned the role that humans and algorithms will play in the future in the various financial markets.


The Crowdinvesting Symposium is an annual event that was initiated in 2013 by Jun.-Prof. Lars Hornuf, University of Trier, and Prof. Lars Klöhn, Humboldt University Berlin. The symposium offers academics and practitioners a platform to exchange ideas about the latest developments in the field of crowdinvesting as well as for networking. Moreover, it is a forum meant to inform legislators on the European and national level on a scientific basis with regard to new legislative proposals or legal reform projects. This conference is part of the research project “Crowdinvesting in Germany, England and the USA: Regulatory Perspectives and Welfare Implications of a New Financing Scheme“, supported by the Deutsche Forschungsgemeinschaft (German Research Foundation).

Event Report  |  07/21/2016

Celebrating the 50th Anniversary of the Max Planck Institute for Innovation and Competition

With a two-day event on 12 and 13 May 2016 in the impressive rooms of the Munich Residence the Max Planck Institute for Innovation and Competition celebrated its founding 50 years ago.

f.l.t.r.: Prof. Dietmar Harhoff, Ph.D., Prof. Peter Drahos, Ph.D., Cornelia Rudloff-Schäffer, Dr. Georg Schütte, Prof. Dr. Josef Drexl, Ilse Aigner, Prof. Dr. Reto M. Hilty, Prof. Dr. Martin Stratmann, Prof. Dr. Hans-W. Micklitz. Photo: Andreas Pollok

With welcoming speeches by guests from the political, economic and academic spheres, the official ceremony, which took place in the Imperial Hall, acknowledged the significance of the Institute and the topics of its research for wide areas of society. The academic symposium, held in the Max Joseph Hall, focused on the internal perspective, looking at past research contributions of the Institute and potential avenues for future research, and included contributions by alumni, academic guests and members of the Board of Advisors.


The Institute first took up its work on 1 March 1966 as the Max Planck Institute for Foreign and International Patent, Copyright and Competition Law under the direction of Eugen Ulmer. Since then it has carried out basic research on various aspects of intellectual property and competition law, advised decision-makers in politics and economics and provided guidance for legislative proposals. Following the addition of an economic sciences department in 2013, the central focus of the Institute’s research is now on the framework conditions for innovation and competition and how to shape the processes involved by legal and economic means.


In his welcoming speech, Prof. Dietmar Harhoff, Ph.D., Managing Director of the Max Planck Institute for Innovation and Competition, described the Institute’s four name changes in recent years as an expression of the “dynamic nature of its fields of research and the increasing interconnectedness” of the Institute. He cited among its current topics digitalization and connectedness. “Seen in this light, business models and data protection issues, but also the design of copyright and competition legislation, have a much stronger international dimension than ever before in the history of the Institute“, emphasized Harhoff. The scientific guidance of standardization measures is an important task. Not least through its “increased focus on the empirical analysis of the workings of legal norms and the activities of economic agents on markets”, the Institute has opened itself up to new research methods. Even with the Institute’s dynamic history, however, it has always had an “element of great reliability”, Harhoff stressed: “The Institute has succeeded time and again in finding excellent, talented employees in all areas”.


The President of the Max Planck Society, Prof. Dr. Martin Stratmann, praised the Institute “an excellent example of a successful founding and a constant process of adjustment to the scientific questions of the day”. The topics of innovation and competition are “today more important than ever”, Stratmann stated. “They dominate the headlines and are omnipresent in the innovation dialogue with the German Chancellor”, said the President. “And our MPI for Innovation and Competition is right at the heart of it, and with its legal-economic orientation it is best prepared to get at the very essence of innovation and competition as such – independently and from a scientific perspective”. The inclusion of the field of innovation economics in an Institute with an orientation toward intellectual property and competition law was a logical but in and of itself nevertheless a “very innovative step”, said Stratmann, citing the worldwide recognition of the Institute’s expertise: It was not without reason that Federal Minister of Justice Heiko Maas last year referred to the MPI as “the most important European think tank for intellectual property and copyright law”. As examples of the Institute’s activities Stratmann named the Conflict of Laws in Intellectual Property, or “CLIP”, Principles on issues of international procedural law and applicable law in the area of intellectual property, which were formulated under the direction of the MPI for Innovation and Competition and the MPI for Foreign and International Private Law, as well as the Institute’s consultation activity during the adoption of the Directive on Collective Rights Management and the subsequent German implementation in a new Act on Collecting Societies.


Just how studious the researchers at the Institute are, the Max Planck Society President was able to report at first hand: When he leaves his office in administrative headquarters at the end of the day, in the opposite wing of the glass science complex, he can always see researchers working in the Institute’s library, “some with law books, some without, from all parts of the world and always bent in intense concentration”. This, he confirmed, stands for many things that comprise the core ideals of the Max Planck Society: “Internationality, interdisciplinarity and up-and-coming scientists who are eager to work“. A Max Planck President, he concluded, could not have a more satisfactory end to his working day.


State Secretary Dr. Georg Schütte from the Federal Ministry for Education and Research likewise held the bundling of competences in economics and law within one Max Planck Institute to be “a good solution”. With its new orientation, the Institute plays “an outstanding role in the field of innovation research in Germany” today. The pervasiveness of digitalization in all areas of work and life means that immaterial goods are more and more becoming an integral part of new business models in our net-based economy. Because this trend will shape not only our way of working, but also our way of life in crucial ways, it also increasingly raises “ethical questions”, explained Schütte, listing the most urgent ones: “Who has the primary right to personal data, and especially the knowledge generated from these data: the provider of data, the collector of data, or the user of data? Who under the legal regime is originally vested with the right to dispose of non-personal and yet activity-based data, even if such data might again be transferred? And how can a common basic consensus be achieved in this area by international cooperation?” These questions cannot be answered without legal-ethical value judgments. “In your Institute we have an institution”, State Secretary Schütte declared, “that, both with its analysis concerning the protection of immaterial goods and with the corresponding topics in innovation and entrepreneurship, has filled in a crucial gap in German research”.


Bavarian Minister for the Economy Ilse Aigner congratulated the Max Planck Institute as an “internationally renowned think tank”. She described Bavaria’s strategy for dealing with the digital challenge through its economic and scientific policy, for instance by creating 20 new digital professorships or support for digital start-ups. Aigner defined her goal as putting Bavaria at the head of the digital economy in Germany. “Big data”, she said, is one major emerging topic in which the strictures of data protection and thus of the law will undeniably have to be observed. “You won’t run out of topics for your work anytime soon”, the politician predicted.


Speaking for the Academic Advisory Board, Prof. Dr. Hans-W. Micklitz (European University Institute) focused on the new culture of interdisciplinary research. “The Advisory Board congratulates the Max Planck Society for its courageous and groundbreaking decision to bring together law and economics under one roof”, Micklitz said. With its new orientation, he noted, the Max Planck Institute for Innovation and Competition is not only following the suggestion of the German Council of Science and Humanities, which has in clear terms stressed the necessity of a stronger interdisciplinarity between the social and the economic sciences, but will also allow the German law and economics disciplines to forge a “link to developments in Europe and the USA”. From the perspective of the legal sciences, the Max Planck Institute for Innovation and Competition is taking on a centurial task – “what the Americans call ‘law and …’: law and social science, law and art, law and music, and now likewise law and economics”, as Micklitz described the challenge. “Collaboration can only succeed by means of a theory-based common methodology”.


Further words of welcome were spoken by Cornelia Rudloff-Schäffer, Chair of the Board of Trustees and President of the German Patent and Trade Mark Office, and Prof. Dr. Bernd Huber, President of the Ludwig-Maximilians-Universität. The key-note speech was held by Professor Peter Drahos, Ph.D., of the Australian National University.


The musical setting for the official ceremony was provided by a very special program: Richard Strauss’ Lieder cycle “Der Krämerspiegel”. This rarely performed work, a series of songs from the year 1918 with lyrics by Alfred Kerr, originated in a dispute between the composer and the music publisher Bote & Bock. Strauss, who fought tirelessly for improvements to copyright law in Germany – and who is also known as the “godfather” of the collecting agency GEMA, in the “Krämerspiegel” (or “Shopkeeper’s Mirror”), satirizes the tense relationship between creators and publishers in mordant aphorisms: “The artists are the creators, Their misfortune is the bloodsuckers” (“Die Künstler sind die Schöpfer, ihr Unglück sind die Schröpfer”). Presenting this “work of revenge in words and music” were soprano Ute Ziemer and Julian Riem on the piano.


Academic Symposium

At the academic symposium in the Max Joseph Hall of the Munich Residence, Director Dietmar Harhoff outlined the challenges arising from the growing significance of the Internet. “Our understanding of innovation up until now has been technology-heavy – but now we are observing that innovation increasingly tends to be rooted in new, Internet-based business models”. Director Prof. Dr. Josef Drexl referred to “competition as an important infrastructure for innovations” in which the principles of use have to be updated constantly, such as in the current topic of big data. Director Prof. Dr. Reto M. Hilty pointed out the discrepancy between the highly dynamic markets with ever new innovative products and the seemingly static instruments for regulating them using proprietary rights. A more competition-oriented conception of IP rights, he argued, would not contradict patent law, but it might take more adequate consideration of the dynamics of the markets, an area that the Institute is to study in more detail in the future.


The Institute’s two departments presented the current state of their research during the full-day event and discussed research strategies and future areas of emphasis with international experts and alumni of the Institute.


An introductory lecture by Dietmar Harhoff on “Innovation and Entrepreneurship” was followed by a podium discussion. The participating panelists were Dr. Heinrich Arnold, Senior Vice President, Telekom Innovation Laboratories, Deutsche Telekom AG; Prof. Petra Moser, Ph.D., New York University School of Business, NYU Stern; and Prof. Dr. Dres. h.c. Arnold Picot, Ludwig-Maximilians-Universität (LMU) Munich. The discussion was moderated by Prof. Dr. Karin Hoisl, Universität Mannheim.


The session entitled “Property” was opened with a key-note lecture by Reto Hilty, which was followed by a podium discussion. The invited panelists were Alison Brimelow, CBE, President emerita, European Patent Office (EPO); Prof. Dan L. Burk, University of California, Irvine School of Law; and Prof. Michel Vivant, Sciences Po Law School, Paris. Prof. Dr. Alexander Peukert, Goethe Universität Frankfurt, led the discussion.


The session on “Innovation in Competition Law” was introduced by Josef Drexl. The participants in the podium discussion following his key-note address were Prof. Michal Gal, University of Haifa School of Law; Prof. Warren S. Grimes, Southwestern Law School, Los Angeles; and Prof. Dr. Kai-Uwe Kühn, Centre for Competition Policy (CCP), University of East Anglia. The session’s moderator was Prof. Dr. Rupprecht Podszun, Universität Bayreuth.


The three main themes were brought together in a final podium discussion. Participants in this debate were, besides the Institute’s three Directors Harhoff, Hilty and Drexl, Heinrich Arnold of Telekom Innovation Laboratories; Petra Moser of the New York University School of Business; Dan Burk from Irvine School of Law; Michel Vivant from Sciences Po Law School; Michal Gal of the University of Haifa School of Law; and Warren S. Grimes of Southwestern Law School. The moderator of the session was Dr. Gert Würtenberger, President of the Deutsche Vereinigung für Gewerblichen Rechtsschutz und Urheberrecht (GRUR).


The academic day ended with summarizing remarks by Peter Drahos of the Australian National University.

Event Report  |  09/21/2015

“Reflections on the Future of Copyright” with Heiko Maas in the Max Planck Institute for Innovation and Competition

Presentation of the festschrift to mark the 50th anniversary of the German Copyright Act / Federal Minister of Justice and Consumer Protection speaks on current issues of copyright policy

f.l.t.r.: Dr. Hans Dieter Beck, Heiko Maas, Prof. Dr. Thomas Dreier, Prof. Dr. Reto M. Hilty. Photo: Andreas Pollok

The Max Planck Institute for Innovation and Competition celebrated the 50th birthday of the German Copyright Act on September 9, 2015 with a book presentation: on September 21 the special publication entitled “50 Jahre Urheberrechtsgesetz – Vom Magnettonband zu Social Media” (“50 Years of Copyright Law – From Magnetic Tape to Social Media”) was presented to Heiko Maas, Federal Minister of Justice and Consumer Protection.

After words of welcome from Institute Director Reto M. Hilty; his co-editor Thomas Dreier; and the book’s publisher, owner of Verlag C.H.Beck, Hans Dieter Beck, the Justice Minister – the “patron” of German copyright – received a copy of the festschrift hot off the press. Besides taking a look at the past five decades, the volume, which Dreier and Hilty co-edited and co-authored together with some 30 contributors including scholars, practitioners and officials, also focuses particularly on the need for legislative action in the future.

In the Justice Minister’s subsequent speech, in which he identified the Max Planck Institute for Innovation and Competition as “the most important European think tank for intellectual property and copyright”, Maas described current copyright issues, forayed into the history of copyright law and concluded by formulating various working hypotheses for the copyright policy of the future.

Addressing the central points of national copyright policy, Maas named four current projects: copyright contract law, the reform of the law governing collective rights management organisations, the education and research exception and the adaptation of copyright law to the demands of the digital age.
Maas offered thanks to Institute Director Josef Drexl and his team for their dedicated support of the reform of the law on collective rights management organisations: “You really supported our negotiations on the Directive in Brussels and our work on the draft law. Your know-how in this difficult area, which is legally and technically very complex, was very helpful for us.”

The Max Planck Institute also plays a special role in the adaptation of copyright to the phenomenon of digitalisation, said Maas: So as to lay a better empirical foundation for the legal policy discussions, the Justice Ministry commissioned Dietmar Harhoff, the Institute’s Managing Director and head of its economics department – not in attendance due to a trip to Japan – together with Reto Hilty to perform an interdisciplinary study. While Harhoff’s team collected data to find out which business models are current among founders and how business founders treat copyright-protected content – and thus copyright itself – Hilty performed the legal assessment of the data.
The Justice Minister’s speech was followed by 45 minutes of discussion, in which several audience members participated. Maas answered Hilty’s closing question of what request he would make of the Max Planck Institute for Innovation and Competition with the admonition: “think the impossible”.
Hilty expressed satisfaction with the event, which drew 170 guests, most of them German copyright experts, to the Institute and closed with a reception: “I am amazed at all the different participants – we certainly chose a hot topic!”.

The participants also deemed the event a success: “Copyright must continue to be protected in the best way possible taking into consideration the constant technological developments – as a patent engineer, I would like to do my part”, said Peter Anders of Grünecker Patent Attorneys and Attorneys-at-Law. “Today I had the opportunity to learn about further developments in the field, and I will incorporate that into my work. Your event gave me an excellent chance to do that and also to network with colleagues”, Anders added.

Speech of Heiko Maas, Federal Minister of Justice and Consumer Protection

Speech of Prof. Hilty

Speech of Prof. Dreier

Event Report  |  10/15/2014

[IP]2 - Intellectual Property in Practice: “EEG Amendment 2014 – Boon or Bane for CleanTech Innovations?”

Panel discussion with leading experts at the Max Planck Institute for Innovation and Competition

 

On August 1, 2014, the fourth amendment of the "Gesetz für den Ausbau erneuerbarer Energien" (Renewable Energy Law, or EEG, for short), came into effect. The EEG regulates the preferred feeding of electricity produced from renewable sources into the power grid and guarantees the producers a fixed remuneration. According to the Bundesministerium für Wirtschaft und Energie (Federal Ministry of Economic Affairs and Energy), the amendment eliminates weaknesses of the former law and adapts unrealistic development goals in the field of renewable energies. At the invitation of the Munich-based Max Planck Institute for Innovation and Competition and within the framework of the seminar series "[IP]2 - Intellectual Property in Practice", on October 15, 2014, six experts from science and practice discussed with an audience of around 50 knowledgeable persons - bankers, auditors, lawyers, start-up entrepreneurs und doctoral candidates in the engineering sciences - the possible effects of the EEG amendment on innovations in the technological, entrepreneurial and procedural area. The event's organizers, Christian Steinle and Alexandru Steininger of the Max Planck Institute for Innovation and Competition, were very pleased with the evening, which ended with a reception: "We investigate innovation processes and we wanted the experts to spin visions and scenarios. To this purpose the precise effects of the amendment, which will only be visible from the year 2016 on, have to be awaited. But with these experts we succeeded in looking beyond the dry content of the law and in sharpening their view for possible effects of the amendment on clean-tech innovations".

Event Report  |  03/24/2014

XVIIIth [IP]² Seminar: Dr Jörn Erselius (Max Planck Innovation GmbH), March 2014

Dr Jörn Erselius (Max Planck Innovation GmbH), March 2014
Dr. Bertram Huber
Event Report  |  03/10/2013

[IP]² Seminar on April 29, 2013: Dr. Bertram Huber on "Intellectual Property and Climate Change Mitigation"

Dr. Bertram Huber
Dr. Bertram Huber
Event Report  |  02/15/2013

Podiumsdiskussion zum Leistungsschutzrecht für Presseverleger zeigt Dilemma von Medien und Juristen