The ICLE is a new entity—a global think tank—aimed at building a strong, international network of scholars and institutions devoted to methodologies and research agendas supportive of the regulatory underpinnings that enable businesses to flourish. The ICLE will both develop intellectual work in specific policy areas, as well as build a strong, global intellectual foundation for rigorous policy work in the long run.
The overarching objective of our center is to create the academic underpinnings for a regulatory environment that ensures the protection of property rights from inefficient interference by government agencies and private parties in high priority markets. The protection of property rights provides the basis for a competitive and innovative market environment in which business and society more generally can thrive. Optimal protection of property rights entails far more than sound intellectual property protection (although it certainly entails that); it also forms the basis for restrained government intervention into business practices, including through antitrust enforcement, consumer protection regulation, trade restrictions, government procurement policies and communications regulations, among many others.
The central activity of the center is to facilitate and organize the creation of a new network, international in scope, of economically-oriented research and outreach centers that may be able to move the academic and policy debates forward significantly in the years ahead. The ICLE's work is centered around the following principles:
The core mission of the ICLE is the creation, support and development of policy-relevant law and economics research around the world. The ICLE will: