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Although research and development is widely considered to be an important source of growth, relatively little is known about how its effects differ across industries. This is mainly because much research on the effect of R&D has used either cross-section or time-series data and the remainder has...
Persistent link: https://www.econbiz.de/10010604917
protection accorded to certain inventions or creations. We begin with a review of studies of innovation and IPR incidence …
Persistent link: https://www.econbiz.de/10005090661
We analyze the incentives to disclose intermediate research results. We find that despite the help that disclosure can give to a rival, the leading innovator sometimes chooses to disclose. Disclosure signals commitment to the research project, which may induce a rival to exit. With weak product...
Persistent link: https://www.econbiz.de/10005047700
It is shown that spillovers can enhance private returns to innovation if they feed back into the dynamic research of …` knowledge is reabsorbed by its inventor. A simple model of sequential innovation with dynamic spillovers is developed, which …
Persistent link: https://www.econbiz.de/10005051149