The Hoover Project on Commercializing Innovation is directed by professors Stephen H. Haber (primary investigator) and F. Scott Kieff.
We focus on market-oriented, property-rights approaches to innovation, including the study of entrepreneurship, corporate governance, banking, finance, economic development, intellectual property, antitrust, bankruptcy, and related areas. We explore the ways in which property rights and private ordering can promote enterprise, research and development, competition, economic growth, and capital formation. In each area, we employ systems-based, comparative analyses of institutions such as laws, rules, and norms, and organizations such as communities, firms, and government agencies. We study theory as well as practice, to develop real world problem-solving strategies and tactics, including tool kits and best practices.
Our joint work, which makes up the Hoover Project on Commercializing Innovation, builds on our individual areas of practice and academic expertise and has the following five core components.