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Psychology studies have for some time shown that, as humans, we tend to recognise the ownership of ideas and that the unauthorised use of others’ ideas is frowned upon (Olson and Shaw, 2011). Morally, a person is often said to have a natural right to the product of their brain (Vaver, 1990)....
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This chapter examines economic models of innovation and the ramifications for intellectual property policy. It begins with stand-alone innovation and then introduces cumulative innovation. The analysis explores eligibility requirements, duration and breadth of protection, rights and defenses,...
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This paper studies the relationship between optimal prizes and scarcity of ideas in innovation contests. We consider a model where both ideas and effort are integral parts of the innovation process. Contest participants are privately informed about their idea quality. We introduce a new...
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Purpose - The key question addressed in the paper is whether creativity fostering methods increase innovation output in … matching methods, we estimate the average treatment effect of the treated (i.e. firms that employ creativity stimulation … creativity stimulation method used by the firm. Findings - The results confirm that the creativity enhancing methods have a …
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