efficient technology even in the absence of taxation. When taxation is necessary for innovation, both types of taxes are … effective. However, the energy tax outperforms the emission tax in terms of innovation incentives. …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …

We present a potentially benign naked exclusion mechanism that can be applied to sequential innovation; a non …-patentable original innovation by the incumbent supplier fosters derivative innovation by rivals. In the absence of an appropriate legal … innovator. The former ban precludes the exclusion of socially beneficial derivative innovation by causing the incumbent supplier …

innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases …. This shifts economic activity towards firms specializing in process and product innovation and triggers entry of new start …

We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in … between the returns to innovation. In differentiated industries, cannibalization is lower and firms invest more in product … innovation. In homogeneous industries, firms internalize intra-firm spillovers and invest more in process innovation. We test …