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Product Liability and Innovation

Author: National Academy of Engineering

Publisher: National Academies Press

Published: 1994-02-01

Total Pages: 214

ISBN-13: 0309051304

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Product liability is a contentious issue. Proponents argue that American tort law promotes product safety. Manufacturers contend that lawsuits chill new product development. Product Liability and Innovation provides an overview and an engineering perspective on the product liability system. The volume offers studies of selected industries, exploring the effect of product liability on corporate product development decisions and on the creative opportunities and day-to-day work of engineers. The volume addresses the potential liability of the parts or materials supplier and discusses the impact of liability on the availability of insurance. It looks at "junk science" in the courtroom and analyzes opportunities to incorporate into product design what we know about human behavior and risk. The book also looks at current efforts at tort reform and compares U.S. injury claims handling with that of other countries. This volume will be important to policymakers, industrialists, attorneys, product engineers, and individuals concerned about the impact of product liability on the industrial future.

Book Synopsis Product Liability and Innovation by : National Academy of Engineering

Download or read book Product Liability and Innovation written by National Academy of Engineering and published by National Academies Press. This book was released on 1994-02-01 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Product liability is a contentious issue. Proponents argue that American tort law promotes product safety. Manufacturers contend that lawsuits chill new product development. Product Liability and Innovation provides an overview and an engineering perspective on the product liability system. The volume offers studies of selected industries, exploring the effect of product liability on corporate product development decisions and on the creative opportunities and day-to-day work of engineers. The volume addresses the potential liability of the parts or materials supplier and discusses the impact of liability on the availability of insurance. It looks at "junk science" in the courtroom and analyzes opportunities to incorporate into product design what we know about human behavior and risk. The book also looks at current efforts at tort reform and compares U.S. injury claims handling with that of other countries. This volume will be important to policymakers, industrialists, attorneys, product engineers, and individuals concerned about the impact of product liability on the industrial future.

Product Liability and Innovation

Author: Lev Gerlovin

Publisher:

Published: 1998

Total Pages: 78

ISBN-13:

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Book Synopsis Product Liability and Innovation by : Lev Gerlovin

Download or read book Product Liability and Innovation written by Lev Gerlovin and published by . This book was released on 1998 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing Product Liability to Achieve Highway Innovations

Author: G. L. Gittings

Publisher: Transportation Research Board

Published: 1998

Total Pages: 76

ISBN-13: 9780309068185

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This synthesis will be of interest to state Department of Transportation (DOT) engineers, legal counsel, researchers, and administrators; transportation product development engineers, equipment manufacturers, and engineering and product manufacturer associations; state, regional, and federal product testing and evaluation centers; and attorneys of law interested in tort liability as it applies to highway innovations. The synthesis describes the current state of the practice for managing product liability to achieve highway innovations. Information for the synthesis was collected by surveying and interviewing state transportation agencies and private transportation related organizations and by conducting a literature search. This report of the Transportation Research Board identifies and discusses specific tort and product liability problems and principles, the specific tort liability experience of public agencies in state DOTs, and the tort liability experience of private organizations involved in introducing new products to the highway market. In addition, details on the litigation risks of highway innovation, the perceptions and perspectives of public agency and private sector personnel, and the state-of-the-art methods to confront litigation risks are presented. Finally, methodological comparisons and a general tort and product liability overview are included in the appendices.

Book Synopsis Managing Product Liability to Achieve Highway Innovations by : G. L. Gittings

Download or read book Managing Product Liability to Achieve Highway Innovations written by G. L. Gittings and published by Transportation Research Board. This book was released on 1998 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This synthesis will be of interest to state Department of Transportation (DOT) engineers, legal counsel, researchers, and administrators; transportation product development engineers, equipment manufacturers, and engineering and product manufacturer associations; state, regional, and federal product testing and evaluation centers; and attorneys of law interested in tort liability as it applies to highway innovations. The synthesis describes the current state of the practice for managing product liability to achieve highway innovations. Information for the synthesis was collected by surveying and interviewing state transportation agencies and private transportation related organizations and by conducting a literature search. This report of the Transportation Research Board identifies and discusses specific tort and product liability problems and principles, the specific tort liability experience of public agencies in state DOTs, and the tort liability experience of private organizations involved in introducing new products to the highway market. In addition, details on the litigation risks of highway innovation, the perceptions and perspectives of public agency and private sector personnel, and the state-of-the-art methods to confront litigation risks are presented. Finally, methodological comparisons and a general tort and product liability overview are included in the appendices.

Hearing on Product Liability Laws and Their Impact on Small Business Innovation and Competitiveness

Author: United States. Congress. Senate. Committee on Small Business

Publisher:

Published: 1992

Total Pages: 94

ISBN-13:

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Book Synopsis Hearing on Product Liability Laws and Their Impact on Small Business Innovation and Competitiveness by : United States. Congress. Senate. Committee on Small Business

Download or read book Hearing on Product Liability Laws and Their Impact on Small Business Innovation and Competitiveness written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1992 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Product Liability

Author: United States. Congress. House. Committee on Science, Space, and Technology. Subcommittee on Technology and Competitiveness

Publisher:

Published: 1992

Total Pages: 486

ISBN-13:

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Book Synopsis Product Liability by : United States. Congress. House. Committee on Science, Space, and Technology. Subcommittee on Technology and Competitiveness

Download or read book Product Liability written by United States. Congress. House. Committee on Science, Space, and Technology. Subcommittee on Technology and Competitiveness and published by . This book was released on 1992 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reforming Products Liability

Author: W. Kip Viscusi

Publisher: Harvard University Press

Published: 1991

Total Pages: 296

ISBN-13: 9780674753235

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Drawing on liability insurance trends and litigation patterns, Viscusi shows that the products liability crisis is has been developing for decades. He argues that the principal causes have been the expansion of the doctrine of design defect, the emergence of mass toxic torts, and an increase in lawsuits involving hazard warnings.

Book Synopsis Reforming Products Liability by : W. Kip Viscusi

Download or read book Reforming Products Liability written by W. Kip Viscusi and published by Harvard University Press. This book was released on 1991 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on liability insurance trends and litigation patterns, Viscusi shows that the products liability crisis is has been developing for decades. He argues that the principal causes have been the expansion of the doctrine of design defect, the emergence of mass toxic torts, and an increase in lawsuits involving hazard warnings.

When Does Product Liability Risk Chill Innovation?

Author: Alberto Galasso

Publisher:

Published: 2018

Total Pages: 49

ISBN-13:

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Liability laws designed to compensate for harms caused by defective products may also affect innovation. We examine this issue by exploiting a major quasi-exogenous increase in liability risk faced by U.S. suppliers of polymers used to manufacture medical implants. Difference-in-differences analyses show that this surge in suppliers’ liability risk had a large and negative impact on downstream innovation in medical implants, but it had no significant effect on upstream polymer patenting. Our findings suggest that liability risk can percolate throughout a vertical chain and may have a significant chilling effect on downstream innovation.

Book Synopsis When Does Product Liability Risk Chill Innovation? by : Alberto Galasso

Download or read book When Does Product Liability Risk Chill Innovation? written by Alberto Galasso and published by . This book was released on 2018 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liability laws designed to compensate for harms caused by defective products may also affect innovation. We examine this issue by exploiting a major quasi-exogenous increase in liability risk faced by U.S. suppliers of polymers used to manufacture medical implants. Difference-in-differences analyses show that this surge in suppliers’ liability risk had a large and negative impact on downstream innovation in medical implants, but it had no significant effect on upstream polymer patenting. Our findings suggest that liability risk can percolate throughout a vertical chain and may have a significant chilling effect on downstream innovation.

How Does Product Liability Risk Affect Innovation?

Author: Alberto Galasso

Publisher:

Published: 2018

Total Pages: 45

ISBN-13:

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Liability laws designed to compensate for harms caused by defective products may also affect innovation incentives. This paper examines this issue, exploiting a major quasi-exogenous increase in liability risk faced by US suppliers of polymers used to manufacture medical devices implanted in human bodies. Difference-in-differences analyses suggest that the surge in liability risk had a large and negative impact on downstream innovation in medical implants but no significant effect on upstream polymer patenting. These findings show how tort laws may affect the development of new technologies and how liability risk may percolate through an industry's vertical chain.

Book Synopsis How Does Product Liability Risk Affect Innovation? by : Alberto Galasso

Download or read book How Does Product Liability Risk Affect Innovation? written by Alberto Galasso and published by . This book was released on 2018 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liability laws designed to compensate for harms caused by defective products may also affect innovation incentives. This paper examines this issue, exploiting a major quasi-exogenous increase in liability risk faced by US suppliers of polymers used to manufacture medical devices implanted in human bodies. Difference-in-differences analyses suggest that the surge in liability risk had a large and negative impact on downstream innovation in medical implants but no significant effect on upstream polymer patenting. These findings show how tort laws may affect the development of new technologies and how liability risk may percolate through an industry's vertical chain.

Aviation Product Liability

Author: United States. Congress. House. Committee on Science and Technology. Subcommittee on Transportation, Aviation, and Materials

Publisher:

Published: 1986

Total Pages: 132

ISBN-13:

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Book Synopsis Aviation Product Liability by : United States. Congress. House. Committee on Science and Technology. Subcommittee on Transportation, Aviation, and Materials

Download or read book Aviation Product Liability written by United States. Congress. House. Committee on Science and Technology. Subcommittee on Transportation, Aviation, and Materials and published by . This book was released on 1986 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Liability Maze

Author: Peter W. Huber

Publisher: Brookings Institution Press

Published: 2010-12-01

Total Pages: 529

ISBN-13: 0815720181

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With an ever-increasing number of liability lawsuits, are corporations electing to play it safe rather than risk the uncertainties accompanying innovation? In The Liability Maze experts address the issues surrounding safety and innovation and present the most detailed and comprehensive study to date on the actual impact of U.S. liability law. In recent decades it has been widely assumed that liability laws promote safety by significantly raising the price companies must pay for negligence, product defects and accidents. More recently, others have suggested that the broad and unpredictable sweep of these laws actually deters innovation. The risks of lawsuits are so great that corporations are showing more caution in product innovation than ever before. The contributors focus on five sectors of the economy where the liability system appears to have had the greatest effects, positive or negative: the private aircraft, automobile, chemical, and pharmaceutical industries, and the medical profession. They suggest that in many sectors liability law has hampered innovation. In others it has stimulated safety improvements, although perhaps not so much as vigilant safety regulations.

Book Synopsis The Liability Maze by : Peter W. Huber

Download or read book The Liability Maze written by Peter W. Huber and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: With an ever-increasing number of liability lawsuits, are corporations electing to play it safe rather than risk the uncertainties accompanying innovation? In The Liability Maze experts address the issues surrounding safety and innovation and present the most detailed and comprehensive study to date on the actual impact of U.S. liability law. In recent decades it has been widely assumed that liability laws promote safety by significantly raising the price companies must pay for negligence, product defects and accidents. More recently, others have suggested that the broad and unpredictable sweep of these laws actually deters innovation. The risks of lawsuits are so great that corporations are showing more caution in product innovation than ever before. The contributors focus on five sectors of the economy where the liability system appears to have had the greatest effects, positive or negative: the private aircraft, automobile, chemical, and pharmaceutical industries, and the medical profession. They suggest that in many sectors liability law has hampered innovation. In others it has stimulated safety improvements, although perhaps not so much as vigilant safety regulations.