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    Principles over Principals? How Innovation Affects the Agency Relationship in Medical and Legal Practice

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    Author
    Polaris, Julian
    
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    URI
    http://hdl.handle.net/20.500.13051/5910
    Abstract
    This Note outlines a conceptual framework for defining and analyzing innovation in the professional practice of medicine and law. The two professions have structural and historical similarities, and both are organized around the principal-agent relationship. Some types of professional activity adhere to the traditional agency model of principal-centered practice, but innovative professionals who develop novel tools and techniques often deviate from the agency model in interesting ways.
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