The trade-offs involved in the extent of appropriability conferred by intellectual property right (IPR) protection to innovators remains an area with many unanswered questions. This paper considers the case of IPRs for product innovations where the product is an intermediate good used to produce...

Innovation is an important topic in economics. This paper highlights duopoly innovation under the Hotelling model with game theory approaches. This paper argues that market power, as measured by the cost advantage of a dominant firm over its rival, serves to enhance the incentive to innovate in...

Innovation is an important topic in economics. This paper highlights duopoly innovation under the Hotelling model with game theory approaches. This paper argues that market power, as measured by the cost advantage of a dominant firm over its rival, serves to enhance the incentive to innovate in...