Showing 1 - 10 of 7,759
) firms' incentives to contribute to the development and improvement of a standard, and (b) firms' decision to disclose the …
Persistent link: https://www.econbiz.de/10012460660
imitators raises R&D incentives. However, between-patent competition affects innovative returns, particularly through creative …
Persistent link: https://www.econbiz.de/10012469403
inventors from competition in order to create incentives for them to innovate. Antitrust laws constrain how a monopolist can act … 'innovation markets' are likely to lead to error. Applying standard antitrust doctrines such as tying and exclusivity to R … relationships between innovation and industry behavior. One important form of competition, especially in certain network industries …
Persistent link: https://www.econbiz.de/10012469738
We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random … that private incentives to create socially valuable options can be achieved by giving higher rewards where "ideas are …
Persistent link: https://www.econbiz.de/10012463708
This paper develops a model of repeated innovation with knowledge spillovers. The model's novel feature is that firms … compete on two dimensions: 1) product quality or cost, where one firm's innovation ultimately spills over to other firms; and … some circumstances dramatically reduce the long-run average level of innovation; 2) they lead to endogenous bunching, or …
Persistent link: https://www.econbiz.de/10012474137
This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both...
Persistent link: https://www.econbiz.de/10012475814
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10012458174
Experimental Evidence on Sorting and Worker Effort -- V. Panel Discussion: Innovation Incentives, Institutions, and Economic Growth … -- The Innovation Fetish among the Economoi: Introduction to the Panel on Innovation Incentives, Institutions, and Economic … Growth -- Innovation Process and Policy: What Do We Learn from New Growth Theory? -- VI. The Social Impact of Innovation …
Persistent link: https://www.econbiz.de/10012661825
fertility of an innovation in generating more innovations cannot be observed. The menu of patent scope can be implemented with …
Persistent link: https://www.econbiz.de/10012471726
which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South …, Northern resources will be reallocated to R&D, driving an increase in the global rate of innovation. We test the model …
Persistent link: https://www.econbiz.de/10012465621