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and in particular of Intellectual Property Right (IPR) as incentives for technological innovation. We start with a … critical discussion of the standard justification of the attribution of IPR in terms of "market failures" in knowledge … generation. Such an approach we argue misses important features of technological knowledge and also neglects the importance of …
Persistent link: https://www.econbiz.de/10003376037
technological knowledge. We suggest some ways of enriching this framework with a more empirically grounded view of both and, by … differentiation and component innovation. We show that, as the complexity of the product spaces increases, stronger patent regimes … yield lower rates of innovation, lower product quality and lower consumers' welfare. -- Patents ; appropriability of …
Persistent link: https://www.econbiz.de/10008732424
accumulation by individuals and organizations of the knowledge and capabilities needed in order to sustain processes of technical … indigenous organizations have to enter and operate in particular markets and technology areas. However, knowledge accumulation is …
Persistent link: https://www.econbiz.de/10008909529
different configurations of the patent system upon innovation and competition. The model is able to replicate the main stylized … adverse effects in terms of innovation outcomes, as well as of market competition and consumer welfare. Such general …
Persistent link: https://www.econbiz.de/10012654995
an innovation rewarding institution. According to our analysis, pharma patents have constituted legal barriers to protect … aggressive in extending knowledge borders and enlarging the space protected from the possibility of infringements. This is also …
Persistent link: https://www.econbiz.de/10012604733