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How does antitrust enforcement against patent-based monopolies affect innovation? I address this question by … ordered to license all its copier-technology patents in the US and abroad. I show that this promoted innovation by other firms … available for licensing. This positive effect is driven by increased innovation by Japanese competitors. They started developing …
Persistent link: https://www.econbiz.de/10014479185
harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an …-on innovation building on Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased … only outside the telecommunications equipment industry. The lack of a positive innovation effect in the telecommunications …
Persistent link: https://www.econbiz.de/10011591035
We analyze the effects of the 1984 breakup of the Bell System on the rate, diversity, and direction of US innovation … diversity of telecommunications innovation increased. Total patenting by US inventors related to telecommunications increased by …
Persistent link: https://www.econbiz.de/10014458851
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economy, community-based social innovation and well-being. While supporting this emphasis, we see a tendency to neglect …
Persistent link: https://www.econbiz.de/10013209571
Theory suggests that new market entrants play a special role for the creation of new technological pathways required for the development and diffusion of more sustainable forms of production, consumption, mobility and housing. Unconstrained by past technological investments, entrants can...
Persistent link: https://www.econbiz.de/10013460358
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We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...
Persistent link: https://www.econbiz.de/10012118754
Platforms often display their products ahead of third-party products in search. Is this due to consumers preferring platform-owned products or platforms engaging in self-preferencing by biasing search towards their own products? What are the welfare implications? I develop a structural model of...
Persistent link: https://www.econbiz.de/10014495178
This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...
Persistent link: https://www.econbiz.de/10012237545