In this paper, we explain the analytics of a particular type of mechanism of open innovation (OI), namely the management of non-pecuniary exchange of information, and address the relationship between intellectual property rights (IPRs), particularly patent rights, and OI using a static...

The paper develops a formal model of external knowledge and identifies the role of knowledge multipliers. Social interactions and knowledge multipliers play a crucial role in the determination of the rate of technological change. The analytical identification of the knowledge multiplier...