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Keywords: patents, innovation, oligopoly JEL codes: L13, O31. ABSTRACT: Many inventions, great and small, are …
Persistent link: https://www.econbiz.de/10010843453
Many products—including microprocessors, telecommunications devices, computer software and on-line auction services—make use of multiple technologies, each of which is essential to make or sell the product. The owner of one technology benefits from the existence of complementary...
Persistent link: https://www.econbiz.de/10010843456
As becomes apparent from the standard text books in industrial organization (cf.Tirole, 1988, The Theory of Industrial … theory of strategic real options can be used to fill this empty hole .Based on the work by Smets (1991) standard models are …
Persistent link: https://www.econbiz.de/10011091572