may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …

set of opportunities for innovation in agricultural biotechnologies. Moreover, the institutional, regulatory and …

Open source is key to innovation, but we know little about how to incentivize it. In this paper, we examine the impact …'s launch. The second is that the actual receipt of sponsorship has a long-lasting negative effect on innovation, as measured by …

, respectively. Microsoft, Netscape and Linux. The concluding section relates software development to the broader forms of economic …This article proposes three ideal business models to analyze innovation in knowledge-intensive goods and services. The … innovation, e.g. creation of novelty and of economic value. Defining the models this way leads to a discussion of the advantages …

Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping … stifling broad sectoral innovation. We conclude with speculations regarding how this oligopolistic future might be averted …

paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …