Defensive Publications in an R&D Race
"This paper considers a multistage dynamic R&D race in which the competitors strategically publish research findings. Publications change the prior art, thus affecting patentability. Firms publish when they are behind in the race and their rival is close to winning it. Publication sets back both competitors and gives the follower a chance to catch up. Publications prolong the race. Firms are more likely to publish the more patient they are, and the higher their probability of success. Asymmetry between the firms generates additional incentives to publish such as protecting profits from a previous patent and increasing a strong firm's probability of winning. When firms face a joint decision on publications and the intensity of research, publications substitute investment." Copyright 2006, The Author(s) Journal Compilation (c) 2006 Blackwell Publishing.
Year of publication: |
2006
|
---|---|
Authors: | Bar, Talia |
Published in: |
Journal of Economics & Management Strategy. - Wiley Blackwell. - Vol. 15.2006, 1, p. 229-254
|
Publisher: |
Wiley Blackwell |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Children, education, labor and land: In the long run and short
Bar, Talia, (2008)
-
Choosing Certifiers : Evidence from the British Retail Consortium Food Safety Standard
Bar, Talia, (2018)
-
Certifier competition and audit grades : An empirical examination using food safety certification
Zheng, Yuqing, (2021)
- More ...