Investigating the processes of innovation and competition and designing framework conditions for these processes are the core focus of research at the Max Planck Institute for Innovation and Competition. The addition of an economic sciences department to the Institute takes into account the fact that legal aspects are no longer the only crucial factors in this analytical and structural task. Economic considerations form an important complementary set of instruments for the legal scholar. Economists, vice versa, are making increasing use of insights from legal fields to achieve more realistic models of the processes and institutions they observe so as to study them empirically. Complementary approaches in research also make it possible to better evaluate important new phenomena that are proliferating in business, politics and civil society. The Institute’s expansion through its combination of legal and economic research enables us to configure important research projects with a stronger interdisciplinary orientation than before.
Currently, two interdisciplinary research projects are being carried out at the Institute: