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Intellectual Property Protection for Startups: A Law and Economics Perspective
Vaverka, Tomáš ; Montag, Josef (advisor) ; Šoltés, Michal (referee)
Intellectual Property Protection for Startups: A Law and Economics Perspective Abstract This thesis examines the appropriability methods used by startups to appropriate returns from their innovation. The theoretical part of this work delves into the classical law and economics theory of intellectual property, scrutinizing the intricate balance between incentivizing innovation and enabling broader access to knowledge. It also examines critiques of the intellectual property system and explores alternative incentive mechanisms. Additionally, an analysis of the fundamental attributes of selected intellectual property rights is provided. This evaluation considers the legal frameworks of both the United States and the European Union, along with the corresponding theories in the field of law and economics. The subsequent literature review presents a comprehensive analysis of the existing body of knowledge based on empirical studies of appropriability methods used by startups. In the empirical part of this thesis, the results obtained from research conducted on the importance of appropriability strategies utilized by seventeen Czech software startups are presented. It becomes evident that these startups place significant emphasis on informal appropriability methods, notably leveraging complementary assets and first...
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Credit rating from the perspective of law and economics
Belvončíková, Barbora ; Chytilová, Helena (advisor) ; Seknička, Pavel (referee)
Credit rating is an important financial indicator of the debtor's ability to repay the debt duly and on time and it is expressed in a simple form of credit score. It has been talked about the issue of credit rating particularly in context of the financial crisis 2008 because of the failure of credit rating agencies and their contribution to global dimensions of the crisis. This thesis critically assesses the European legal regulation of credit rating in the light of 2008 financial crisis. The evaluation is carried through an economic analysis of law while also using the knowledge of behavioural economics, so that efficiency of both individual provisions and legal regulation as a whole is examined. The fundamental problem of current regulation is its ambiguity, as on the one hand it promotes greater institutionalization of credit rating and on the other hand it promotes greater market discipline of financial market participants. This dichotomy is inefficient because it does not provide for clear incentives neither for investors, nor for issuers or credit rating agencies. Key finding of this thesis is that credit rating regulation would be more efficient if it was aimed exclusively at supporting market discipline. It is important to draw conclusions from analysis of the efficiency of current...
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Economic analysis of voidability in the new civil code
Michálek, Jakub ; Dušek, Libor (advisor) ; Pekárek, Štěpán (referee)
This paper makes an economic analysis of juridical acts and contracts voidability under the new Czech civil code (Act no. 89/2012 Coll.) with focus on differences between absolute and relative voidability. The essence of the analysis is to estimate and evaluate the impact of the civil code on subjects' behaviour before and after entering into a contract, in particular their motivation to void the contract, and the costs imposed upon the parties under the contractual relationship. Outcomes of the analysis show that voidability lowers utility and creates incentives for opportunistic behaviour. Furthermore, we show that in some cases, voidability can be justified as economically effective means of preserving legitimate interests of one of the parties, in those cases, relative voidability should be preferred, however. The conclusions of this paper can contribute a new perspective on law during interpretation and application.
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Comparison of efficiency of the public courts with private courts in the Czech Republic
Kašpar, Petr ; Minárik, Pavol (advisor) ; Šmíd, Jan (referee)
This bachelor thesis is comparing the public courts with private courts in the Czech Republic. Introducion of this bachelor thesis is focused on the theory of providing economics goods and then stickler's and adversary's argumentation for the public administration. The following part contains excurcus to operating principle of competition in formation law and private administration and exaction in medieval Iceland, Wild West, England and Bohemia. The main part of work is an analysis of efficiency of private and public courts in civil cases in the Czech Republic. The results of this analysis says that private courts are more efficient. The end of this thesis answers why are private courts more efficient.
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Anti-trust Law in Law and Economomics
Bartošek, Jan ; Boháček, Martin (advisor) ; Pražský, Ondřej (referee)
Práce se v teoretické části zabývá teoriemi hospodářské soutěže a její právní regulace. Věnuje se nejen rozlišení jednotlivých teoretických směrů, ale též historickému vývoji koncepce ochrany soutěže a detailněji také doktrínám rule of reason a per se. V ohledu na evropskou komunitární praxi je zkoumáno ekonomicko-teoretické zakotvení soudobého trendu more economic approach. V dodatku je uveden exkurz marxistického přístupu. V analytické části je analyzována možnost zapojení ekonomie do aplikace práva a návazně jsou zkoumána vybraná soudní a správní rozhodnutí (USA, EU, ČR) ze soutěžněprávní oblasti a to z hlediska uplatňení ekonomických a ekonomicko-právních teorií soutěže.
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