opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …

IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries. Thirdly …, the optimal level of IPR protection should tradeoff the social benefits of enhanced innovation against the social costs of …

The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …

This paper revisits the licensing of a non–drastic process innovation by an outside innovator to a Cournot oligopoly …

This study develops a Schumpeterian growth model to analyze the effects of different patent instruments on innovation …. We first analyze patent breadth that captures the traditional positive effect of patent rights on innovation. Then, we … assigned to incumbents reduces entrants' incentives for innovation. This aspect of blocking patents captures the recently …