) firms' incentives to contribute to the development and improvement of a standard, and (b) firms' decision to disclose the …

imitators raises R&D incentives. However, between-patent competition affects innovative returns, particularly through creative …

inventors from competition in order to create incentives for them to innovate. Antitrust laws constrain how a monopolist can act … 'innovation markets' are likely to lead to error. Applying standard antitrust doctrines such as tying and exclusivity to R … relationships between innovation and industry behavior. One important form of competition, especially in certain network industries …

We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random … that private incentives to create socially valuable options can be achieved by giving higher rewards where "ideas are …

This paper develops a model of repeated innovation with knowledge spillovers. The model's novel feature is that firms … compete on two dimensions: 1) product quality or cost, where one firm's innovation ultimately spills over to other firms; and … some circumstances dramatically reduce the long-run average level of innovation; 2) they lead to endogenous bunching, or …

innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …

fertility of an innovation in generating more innovations cannot be observed. The menu of patent scope can be implemented with …

which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South …, Northern resources will be reallocated to R&D, driving an increase in the global rate of innovation. We test the model …