The Max Planck Institute for Innovation and Competition is committed to fundamental legal and economic research on processes of innovation and competition and their regulation. Our research focuses on the incentives, determinants and implications of innovation. With an outstanding international team of scholars and excellent scientific and administrative infrastructure including our renowned library, we host academics from all over the world and actively promote young researchers. We inform and guide legal and economic discourse on an impartial basis. As an independent research institution, we provide evidence-based research results to academia, policymakers, the private sector as well as the general public.