This paper studies the question of whether and how an employee innovator should commercialize an innovation, when doing … weaker chance of expropriation, interpreted as the firm`s ability to protect internally developed intellectual property, can …

their effects on innovation, several merger proposals have been challenged due to their adverse innovation effects. In a … desirability of merger may depend on the effectiveness of the patent system and the cost of innovation. …

We show a new way through which patent protection affects innovation. We show that patent protection may reduce the … final goods producers' incentives for innovation in industries with imperfectly competitive input markets. The input market …

's innovation effort has a U-shaped relationship with the level of competition. This result generally holds true for both the …

I investigate R&D efforts for process innovation in a monopoly with uncertain demand. Two different models are proposed …

the incumbent if the demand remains unchanged. However, because of the novel content of an innovation, consumers may have …

I investigate R&D efforts for process innovation in a monopoly with uncertain demand. Two different models are proposed …

the incumbent if the demand remains unchanged. However, because of the novel content of an innovation, consumers may have …

In this paper I consider the 1991 Grossman-Helpman model which analyses the role of innovation on growth. The model …-Helpman model unchanged, I analyse the influence of the rate of innovation on three variables: the rate of growth of final output …

In this note, we consider the relationship between oil price volatility and firm returns for 560 firms listed on the … returns for the majority of the firms in our sample. …