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Competition and Ip Policy in High-Technology Industries

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Competition and Ip Policy in High-Technology Industries COMPETITION AND IP POLICY IN HIGH-TECHNOLOGY INDUSTRIES APRIL 19, 2016 CORNERSTONE RESEARCH COMPETITION AND IP POLICY IN HIGH-TECHNOLOGY INDUSTRIES This one-day conference will explore the latest developments at the intersections of high technology, law, and economics. Topics include: • New technologies and their implications for competition and regulation • Big data: how it changes the ways that firms compete and its antitrust effects • The impact of the America Invents Act on innovation and competition • The legal and economic challenges of the on-demand economy Wireless Guest Access in the Koret-Taube Conference Center: 1. From your list of available networks, select ID: Stanford Visitor 2. Open a browser and load any URL; you will be redirected to a visitor access page 3. Click the button to acknowledge the terms of use; your browser will then be sent to a confirmation page The visitor network offers limited bandwidth and services are limited to email, web browsing, VPN, and SSH. SIEPR | John A. and Cynthia Fry Gunn Building | Koret-Taube Conference Center 366 Galvez Street | Stanford University | Stanford, CA 94305 PROGRAM AGENDA 8:00–8:45 am BREAKFAST AND REGISTRATION 8:45–9:00 am WELCOME AND INTRODUCTION Gregory L. Rosston, Deputy Director and Senior Fellow, SIEPR; Director, Stanford Public Policy Program Michael D. Topper, Senior Vice President, Cornerstone Research 9:00–9:45 am INTERVIEW A Conversation with Bill Baer, Assistant Attorney General, Antitrust Division, U.S. Department of Justice Gregory L. Rosston, Deputy Director and Senior Fellow, SIEPR; Director, Stanford Public Policy Program 10:00–11:15 am COMPETITIVE IMPLICATIONS OF EMERGING TECHNOLOGIES Moderator: Roger Noll, Professor of Economics, Emeritus, Stanford University; Senior Fellow, Emeritus, SIEPR Speakers: Steve Eglash, Executive Director, Data Science Programs, Stanford University Andrea Goldsmith, Stephen Harris Professor in the School of Engineering, Stanford University Shane Greenstein, MBA Class of 1957 Professor of Business Administration, Harvard Business School 1 PROGRAM AGENDA 11:30 am–12:45 pm UNDERSTANDING THE COMPETITION AND ANTITRUST CONCERNS POSED BY BIG DATA Moderator: A. Douglas Melamed, Professor of the Practice of Law, Stanford Law School Speakers: Susan Athey, The Economics of Technology Professor, Stanford Graduate School of Business; Senior Fellow, SIEPR Timothy F. Bresnahan, Landau Professor in Technology and the Economy, Stanford University; Senior Fellow, SIEPR; Former Deputy Assistant Attorney General and Chief Economist, Antitrust Division, U.S. Department of Justice Michael Ostrovsky, Professor of Economics, Stanford Graduate School of Business 1:00–2:00 pm LUNCH ADDRESS Alison Oldale, Deputy Director of Antitrust, Bureau of Economics, Federal Trade Commission 2:15–3:30 pm PATENT REFORM AND HIGH-TECHNOLOGY INDUSTRIES Moderator: Matthew R. Lynde, Senior Vice President, Cornerstone Research Speakers: Mark A. Lemley, William H. Neukom Professor of Law, Stanford Law School; Director, Stanford Program in Law, Science and Technology; Senior Fellow, SIEPR; Partner, Durie Tangri Richard C. Levin, Former Member, President’s Council of Advisors on Science and Technology Robert P. Taylor, Owner and Founder, RPT Legal Strategies PC 2 PROGRAM AGENDA 3:45–5:00 pm THE ON-DEMAND ECONOMY AND CHALLENGES TO EXISTING REGULATORY AND COMPETITION FRAMEWORKS Moderator: Kostis Hatzitaskos, Principal, Cornerstone Research Speakers: Marina Lao, Director, Office of Policy Planning, Federal Trade Commission Jonathan Levin, Professor of Economics, Stanford University; Senior Fellow, SIEPR Justin McCrary, Professor of Law and D-Lab Director, University of California, Berkeley 5:00 pm CLOSING Gregory L. Rosston, Deputy Director and Senior Fellow, SIEPR; Director, Stanford Public Policy Program Michael D. Topper, Senior Vice President, Cornerstone Research RECEPTION TO FOLLOW MCLE Cornerstone Research is a State Bar of California approved MCLE provider. This program has been approved for 5.0 hours by the State Bar of California. Application for MCLE credit in other states will be made as needed. Certificates will be sent out within 30 days of the program. 3 SPEAKER BIOGRAPHIES Susan Athey The Economics of Technology Professor, Stanford Graduate School of Business; Senior Fellow, SIEPR Susan Athey’s research focuses on the economics of the Internet, statistical methods for causal inference, marketplace design, and the intersection of computer science and economics. Recently Professor Athey has been working on methods for analyzing large-scale experiments; combining machine learning methods and econometrics; and theoretical and empirical studies of Internet search, online advertising, and the news media. She advises governments and businesses on the design of auction-based marketplaces and platform economics, including several years as consulting chief economist for Microsoft. Professor Athey also serves on the boards of directors for Expedia and Ripple, a financial technology firm. A winner of the John Bates Clark Medal, awarded by the American Economic Association to the American economist under forty who has made a significant contribution to economic thought and knowledge, she was elected to the National Academy of Sciences, the American Academy of Arts and Sciences, and the Econometric Society. She has served as editor or associate editor of leading economics journals and has been on the faculty at MIT and Harvard. Bill Baer Assistant Attorney General, Antitrust Division, U.S. Department of Justice Bill Baer was sworn in as the Assistant Attorney General for the Antitrust Division on January 3, 2013. Prior to his appointment at the Department of Justice, he was a Partner and Head of the Antitrust Practice Group at Arnold & Porter LLP in Washington, DC, with extensive experience in both criminal and civil antitrust investigations, including merger and acquisition reviews by antitrust enforcement agencies in the United States and globally. He previously worked at the Federal Trade Commission, most notably as the Director, Bureau of Competition. 4 SPEAKER BIOGRAPHIES Timothy F. Bresnahan Landau Professor in Technology and the Economy, Stanford University; Senior Fellow, SIEPR; Former Deputy Assistant Attorney General and Chief Economist, Antitrust Division, U.S. Department of Justice Timothy Bresnahan specializes in industrial organization and the economics of technology, including competition and innovation in high-technology industries, and technical change by users of information technologies and antitrust economics. Professor Bresnahan has served as Chair of the Economics Department at Stanford University. He has also directed the Stanford Computer Industry Project and the Center on Employment and Economic Growth at SIEPR. Professor Bresnahan studies the economic process by which raw technology generates value in use, as well as the econometric measurement of market power and testing of models of imperfect competition. His current research includes entry and appropriability in technology industries, competition between old- and new-paradigm computing, and economic organization for high social return to technical progress. Steve Eglash Executive Director, Data Science Programs, Stanford University Steve Eglash is Executive Director of Stanford University’s programs in big data, artificial intelligence, and the Internet of Things. He structures and manages research programs, bridging research and industry, working to improve the impact and relevance of academic research at Stanford. Previously, Dr. Eglash was the founding Executive Director of Stanford’s Energy and Environment Affiliates Program. Prior to joining Stanford, he was President and CEO of the solar energy company Cyrium Technologies, consultant to the National Renewable Energy Laboratory and the U.S. Department of Energy, a venture capitalist at Worldview Technology Partners, Vice President at SDL (JDSU), and a member of the technical staff at MIT Lincoln Laboratory. As vice president at the semiconductor laser company SDL Inc., he was part of the management team that grew this company to annual revenue of $1 billion and engineered one of the largest high-technology acquisitions in history. Dr. Eglash has written more than forty papers published in peer-reviewed journals and has four patents. 5 SPEAKER BIOGRAPHIES Andrea Goldsmith Stephen Harris Professor in the School of Engineering, Stanford University Andrea Goldsmith’s research is on developing novel techniques, protocols, and designs for future wireless systems and networks. Her research areas include the design and capacity analysis of wireless systems and networks, multiple-antenna wireless networks, cognitive radios, sensor and networks, cross-layer wireless network design, and applications of communications and signal processing to health and neuroscience. Professor Goldsmith cofounded and served as CTO for two wireless companies: Wildfire.Exchange, which develops software-defined wireless network technology for cloud-based management of WiFi access points; and Quantenna Communications Inc., which develops high-performance WiFi chipsets. She also serves on the technical advisory boards of several public and private companies. Professor Goldsmith has received several awards for her work, including the IEEE Communications Society Armstrong Award, the IEEE Communications Society and Information Theory Society joint paper award, the National Academy of Engineering Gilbreth Lecture Award, the Alfred P. Sloan Research Fellowship,
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