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Inefficiencies in the sale of ideas: theory and empirics
Allain, Marie-Laure; Henry, Emeric; Kyle, Margaret - HAL - 2011
The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
Persistent link: https://www.econbiz.de/10009368491
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Competition, R&D and the cost of innovation
Askenazy, Philippe; Cahn, Christophe; Irac, Delphine - HAL - 2008
competition on R&D to the cost of innovation. The effect of competition on R&D is an inverted U-shape. However, the shape is … flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly. Intuitively …, if innovations are costly for a firm, competitive shocks have to be significant to alter its innovation decisions …
Persistent link: https://www.econbiz.de/10010738755
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Advertising and R&D: Theory and evidence from France
Askenazy, Philippe; Breda, Thomas; Irac, Delphine - HAL - 2010
This paper exploits a unique panel of 59,000 French firms over 1990-2004 to investigate the interactions between R&D, advertising and the competitive environment.The empirical findings confirm the predictions of a dynamic model that complements results known in static frameworks. First, more...
Persistent link: https://www.econbiz.de/10010738853
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Vertical Integration, Innovation and Foreclosure
Allain, Marie-Laure; Chambolle, Claire; Rey, Patrick - HAL - 2010
raising rivals' cost and limiting both upstream competition and downstream innovation. A similar concern of customer …
Persistent link: https://www.econbiz.de/10008794361